{"id":276124,"date":"2025-11-15T10:33:00","date_gmt":"2025-11-15T04:48:00","guid":{"rendered":"https:\/\/insurancekhabar.com\/nepal-micro-insurance-company-nmic-has-posted-a-44-increase-in-net-profit-2\/"},"modified":"2025-11-15T10:33:00","modified_gmt":"2025-11-15T04:48:00","slug":"nepal-micro-insurance-company-nmic-has-posted-a-44-increase-in-net-profit-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/nepal-micro-insurance-company-nmic-has-posted-a-44-increase-in-net-profit-2\/","title":{"rendered":"Nepal Micro Insurance Company (NMIC) has posted a 44% increase in net profit."},"content":{"rendered":"<p>Kathmandu. Nepal Micro Insurance Company in the fiscal year 2082. The company has published its unrevised financial statements for the first quarter (July-September) of 2018. <\/p>\n<p>According to the financial report, the company has earned a net profit of Rs 82.07 million in the first three months of the current FY. Previous fiscal year 2081. The company had posted a net profit of Rs 56,86,000 as of mid-September 2018. The company&#8217;s net profit increased by 44.34 percent in the review year compared to the previous year. <\/p>\n<p>As of the review period, the company has Rs 6,53,000 in catastrophe fund, Rs 4,43,60,000 in retained earnings and Rs 95,000 in other equity. As of mid-July last year, there was Rs 4,31,000 in the disaster fund, while the retained earnings were Rs 57 lakh and other equity was negative at Rs 93,000. <\/p>\n<p>The company&#8217;s insurance fund stood at Rs 19.05 crore as of mid-September of the current fiscal year. In the same period of the previous year, the insurance fund was Rs 17.19 crore. The size of the company&#8217;s insurance fund increased by 10.81 percent in the review period compared to the previous year. <\/p>\n<p>During the review period, the company earned a total insurance premium of Rs. 6.82 crores. The company had posted a net profit of Rs 3.70 crore in the same period. The company&#8217;s total premium has increased by 84.10 percent compared to the previous year. <\/p>\n<p>The company has earned Rs 2.62 crore in net insurance premium till mid-September of the current fiscal year. The company had earned Rs 1,42,000 in net insurance premium in the same period last year. Compared to the previous year, the company&#8217;s net premium has increased by 84.03 percent. <\/p>\n<p>The company&#8217;s earnings per share (EPS) has increased to Rs 4.38 from Rs 750 million. The EPS was Rs. 0.43 a year ago. The company has a net worth of Rs 106.89 per share with a P\/E ratio of 314 times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. Nepal Micro Insurance Company in the fiscal year 2082. The company has published its unrevised financial statements for the first quarter (July-September) of 2018. According to the financial report, the company has earned a net profit of Rs 82.07 million in the first three months of the current FY. Previous fiscal year 2081. The [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":187239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45149,45159],"tags":[],"class_list":["post-276124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-laghu-beema-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/276124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=276124"}],"version-history":[{"count":0,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/276124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/187239"}],"wp:attachment":[{"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=276124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=276124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=276124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}