SKS Microfinance reports net profit of Rs 2.70 crore in the March 2013 quarter

Net profit of SKS Microfinance reported to Rs 2.70 crore in the quarter ended March 2013 as against net loss of Rs 329.53 crore during the previous quarter ended March 2012. Sales rose 57.29% to Rs 83.05 crore in the quarter ended March 2013 as against Rs 52.80 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 297.14 crore in the year ended March 2013 as against net loss of Rs 1360.60 crore during the previous year ended March 2012. Sales declined 29.28% to Rs 278.25 crore in the year ended March 2013 as against Rs 393.47 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales83.0552.80 57 278.25393.47 -29 OPM %44.55-549.68 108 -60.50-292.24 79 PBDT4.07-327.04 LP -290.70-1313.73 78 PBT2.70-329.53 LP -297.14-1323.75 78 NP2.70-329.53 LP -297.14-1360.60 78

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