October 7, 2026, Wednesday
English

National Life earned a profit of 148 million rupees in the first quarter, insurance fund close to 1 billion

Main News Image

Kathmandu. National Life Insurance Company Limited has earned a net profit of Rs 148 million in the first quarter of the current financial year. The company's net profit has increased by 1.81 percent compared to Rs. 138.3 million earned in the first quarter of last year.

Similarly, during the review period, the net insurance fee earned by the company increased by almost 14 percent to 5.52 billion 94 million rupees compared to 4.85 billion 11 million rupees in the current year. As of the end of October of last year, the life insurance fund of the company was 75 billion 741 million rupees, and in the same period of the current year, it has increased by 24.72 percent to 93 billion 63 million 52 million rupees.

On the other hand, the total income of the company increased by 9.23 percent from 6.69 billion 36 million rupees to 7.31 billion 14 million rupees, while the total expenses also increased by 10.58 percent from 6.3 billion 30 million rupees to 6.96 billion 91 million rupees. This company has given a commission of 426 million rupees to its agents in the last three months of the current year, which has increased by almost 12 percent to 477 million rupees in the three months of the current year.

The earnings per share of the company has decreased by 36 paise to Rs 10.30. Last year, the company's earnings per share was Rs 10.66. The net worth per share of the company is Rs 131.54. The paid up capital of this company is 5 billion 47 crore 27 lakh rupees, the share premium of this company is 2 crore 78 lakh rupees, 68 crore 13 lakh rupees in disaster fund and 638 crore rupees in reserve fund.

mediabaaji add

Related News

New rules in NEPSE from Monday, share prices fell by 15 percent in one day

Kathmandu. Now the share price can decrease up to 15 percent in one day. NEPSE is about to implement this new regulation after the approval of the 'Securities Business Operation Fourth Amendment Regulation, 2082' from the Nepal Securities Board.

What is the exchange rate of foreign currency on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 52 paisa and the selling rate is 142...

Naima's request to the government - automobile sector should be recognized as a 'necessity' and not a 'luxury'

Kathmandu. The delegation headed by Ritu Singh Vaidya, President of Nepal Automobile Importers and Manufacturers Association Naima, Finance Minister Dr. Swarnim Wagle met with and presented detailed suggestions for policy and systemic reforms rela...

Gold prices moderate, silver continues to set new records

Kathmandu. As the price of gold fell in the Nepalese market on Sunday, the price of silver remained at the highest price ever. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has decreased by 100 rupee...

What is the foreign currency exchange rate on Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 70 paisa and the selling rate ha...

NEPSE fell by 12.58 points, trading fell to 8 billion 63 crores

Kathmandu. On the third trading day of the week, NEPSE index decreased by 12.58 points and remained at the point of 2683.15. During the day, 187.03 thousand 183 shares of 322 companies were bought and sold, and 8.63 billion 1.5 million shares were...