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Star Micro Insurance hikes net premium by 121%

SPIL
Nepal Life

Kathmandu. Star Micro Insurance Company has published its financial results for the first quarter of the fiscal year 208283. According to the company’s financial statement, most of the company’s indices have seen an upward trend.

The company has a share capital of Rs 52.50 crore and has a special reserve of Rs 21.64 lakh. There is a reserve of Rs 2,16,000. Redend earnings are Rs 21.43 lakh. The other equity is Rs 35.13 lakh.

Esewa
Crest

During this period, the company earned a net profit of Rs. 9.64 crores. The company had posted a net insurance premium of Rs 5.05 crore in the same quarter last year. The total premium of the company has increased compared to the previous year.

During this period, the company earned a net premium of Rs 3.84 crores. The company had posted a net premium of Rs 1.73 crore in the same quarter last year. The company’s net premium has increased by 121 percent compared to the same period last year.

During the period, the company made a profit of Rs 19.18 crore. The company had posted a net profit of Rs 18.86 crore in the same quarter last year. The company’s profit has increased compared to the previous year.

 

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