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SKS Microfinance Oct-Dec loss at Rs 428 cr

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Reuters Mumbai
Last Updated : Feb 02 2013 | 11:05 AM IST

SKS Microfinance, India's only publicly listed microfinance company, reported a net loss of Rs 428 crore for its fiscal third quarter ended December 31, compared with a small profit last year.

The firm posted a net loss of Rs 428 crore in October-December, compared with a net loss of Rs 384 crore in the July-Sept quarter.

In the year-ago Oct-Dec quarter it had reported a net profit of Rs 34 crore.

The company's stock ended the day up 0.7% in a firm Mumbai market that closed up 1.2%, its highest close in 6 weeks.

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First Published: Jan 19 2012 | 12:00 AM IST

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