Solid Q4 Numbers Drive SKS Micro Over 7 Per cent

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Mumbai, May 5 (PTI) Shares of SKS Microfinance gained over 7 per cent today after the company came up with an over 49 per cent rise in net profit for the quarter ended March.

    Following this, the stock climbed 7.15 per cent to Rs 496.75 on BSE. On NSE, it went up 7.19 per cent to Rs 497.15.

    Solid Q4 Numbers Drive SKS Micro Over 7 Per cent

    The microfinance lender's net profit came in at Rs 40.54 crore for the quarter under review, compared with Rs 27.11 crore a year ago.

    "Total income increased to Rs 226.20 crore for the quarter ended March 31, 2015, from Rs 147.38 crore for the quarter ended March 31, 2014," the company had said in a filing to BSE yesterday.

    For the full fiscal, the company's net profit rose by over two-and-a half times to Rs 187.66 crore, against Rs 69.85 crore in 2013-14.

    Full-year income increased to Rs 803.07 crore, from Rs 544.84 crore in the previous year, it said. 

    PTI

    Read more about: sks microfinance
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
    India's LARGEST EVER political poll. Have you participated yet?

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more