Siddhartha Premier Insurance Sees Moderate Profit Growth in Q4; Investment Income Slumps
Summary
Siddhartha Premier Insurance reported a 3.63% rise in net profit for Q4 FY 2081/82, with net premium income up 11.58%, despite a 35.18% drop in investment income.
Key Points
- Siddhartha Premier Insurance's net profit grew by 3.63% in Q4 FY 2081/82 to Rs. 71.31 crore.
- Net premium income increased by 11.58% to Rs. 2.05 Arba.
- Income from investment, loans, and other sources declined by 35.18% to Rs. 47.59 crore.
- Insurance funds rose 16.02% to Rs. 5.75 Arba, while total investments fell 3.27% to Rs. 9 Arba.
