Wednesday, August 21, 2013

Shikhar Insurance posts massive profit Rs 9.40 crore

Shikhar Insurance recorded a profit growth of whopping 1605.43% for the FY 2069/70. The company made a profit of Rs 9.40 crore as compared to Rs 55.15 lakh earned in the previous fiscal.

Though the income from insurance premium increased a mere 6.57% to Rs 92.29 crore, over all income grew 45.26% to 15.86 crore.

Shikhar Insurance’s EPS dropped 16.39% to Rs 53.75 and net worth fell 12.51% to Rs 214.76.


Shikhar Insurance (Rs. In '000')
FY 2069/70 FY 2068/69 Growth (%)
Net Profit (Rs.) 94063.66 5515.54 1605.43%
Insurance Premium (Rs.) 922976.41 866111.19 6.57%
Income(Rs.) 158695.82 109251.01 45.26%
EPS (Rs.) 53.75 64.29 -16.39%
P/E Ratio 7.55 4.42 70.81%
Networth (Rs.) 214.76 245.46 -12.51%
Fiscal Year End Price (Rs.) 406 284 42.96%
src sharesansar