SKS Microfinance Q4 net zooms 50% to Rs 40.53 crore

SKS Microfinance Limited, the only listed microfinance company in the country, has witnessed a 49.5% increase in its net profit to Rs 40.53 crore for the fourth quarter ended March 2015, as compared with Rs 27.11 crore in the corresponding quarter of the previous year.

Its total income stood at Rs 226.2 crore, during the quarter under review, as against Rs 147.37 crore, reflecting a growth of 53.49%.

For the full year ended March 2015, SKS Microfinance reported a profit after tax of Rs 187.66 crore, as against Rs 69.85 crore, up 168.66%. Its total income grew 47.38% to touch Rs 803 crore in the year ended March 2015, as compared with Rs 544.83 crore during the same period a year ago.

SKS Micrifinance Limited's scrip ended the trade at Rs 463.60 on the BSE on Monday, down 1.26%, over the previous close of Rs 469.50 a share.