Shares of SKS Microfinance on Tuesday surged nearly 6 per cent after the company posted 37.2 per cent increase in net profit for the second quarter of the current financial year.
(PTI)
Shares of SKS Microfinance on Tuesday surged nearly 6 per cent after the company posted 37.2 per cent increase in net profit for the second quarter of the current financial year.
The stock jumped 5.2 per cent to Rs 472.30 at BSE. At NSE, it climbed 5.65 per cent to Rs 474.
SKS Microfinance on Monday posted a 37.2 per cent increase in net profit at Rs 77.86 crore for the second quarter ended September 30, 2015-16. Its net profit stood at Rs 56.75 crore in the same period of the previous financial year.
“Total income has increased to Rs 324.29 crore for the quarter ended September 30, 2015 from Rs 201.02 crore for the quarter ended September 30, 2014,” SKS had said in a filing to BSE.
In the broader market the BSE index, Sensex, was trading with a gain of 31.78 points at 27,395.81.
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