SKS Microfinance net profit at Rs 27 crore in Q4

Image
Press Trust of India New Delhi
Last Updated : Apr 28 2014 | 9:41 PM IST
SKS Microfinance today reported a net profit of Rs 27.11 crore for the last quarter of 2013-14, against that of Rs 2.70 crore in the same period of previous fiscal.
Total income of the company stood at Rs 138.29 crore during the last quarter of FY14, up from Rs 95.09 crore over the corresponding period a year ago, it said in a filing to the BSE.
For the fiscal ended March 31, 2014, the company posted a net profit of Rs 69.85 crore. It had posted a loss of Rs 297.13 crore in 2012-13.
Total income in FY14 stood at Rs 518.99 crore against Rs 332.19 crore in the previous fiscal.
Shares of SKS Microfinance closed marginally down at Rs 254 per piece on BSE.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 28 2014 | 9:41 PM IST

Next Story