Shikhar insurance accounts Ponderous growth in net profit of 16.44%; Net premium collection of 1.22 arba

Shikhar 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 31.01crores. The same was Rs 26.63 crores in the corresponding quarter of the previous fiscal year. SICL currently has an EPS of Rs 39.66.

 SICL has collected a net premium of Rs 1.22 arba, the same was Rs 1.14 arba last year. Similarly, the net claims throughout the period amounted to Rs 55.71 crore, up from Rs 36.1 crore in the previous year. The company has 2.16 lakh policies, the same was 2.09 lakh last year. 

The insurance company paid a fee of Rs 2.48 crore to the agents. The same amounted to Rs 1.93 crores in the corresponding quarter of the previous fy. 

NLG currently has a paid-up capital of Rs 1.06 arba and a general reserve of 18.20 crore. 

The last traded price is Rs 1037.

Major Indicators :

Earning Per Share : Rs 39.66

P/E Ratio               : 25.54times

Networth per Share: Rs 196.97