NLG Insurance accounts growth in net profit by 16.37%; EPS stands at 31.44

NLG Insurance has published the 3rd quarter report for the current fiscal year. 

As per the report, the company has earned a  net profit of Rs 15.10 crores. The same was Rs 12.97 crores in the corresponding quarter of the previous fiscal year. NLG currently has an EPS of Rs 31.44.

NLG has collected a net premium of Rs 55.60 crore, the same was Rs 59.08 crore last year. Similarly, the net claims throughout the period amounted to Rs 32.25 crore, up from Rs 20.51 crore in the previous year. The company has 1.25 lakh policies, the same was 1.47 lakh last year. 

The insurance company paid a fee of Rs 3.45 crore to the agents. The same amounted to Rs 2.98 crores in the corresponding quarter of the previous fy. 

NLG currently has a paid-up capital of Rs 64.04crore and a general reserve of 8.58 crore. 

The last traded price is Rs 975.

Major Indicators :

Earning Per Share : Rs 31.44

P/E Ratio               : 26.65 times

Networth per Share: Rs 222.54