SKS Microfinance has reported results for second quarter ended September 30, 2012.
The company has reported a loss of Rs 262.16 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 384.54 crore for the same quarter in the previous year. Total income from operation has decreased by 36.33% at Rs 77.57 crore for quarter under review as compared to Rs 121.83 crore for the quarter ended September 30, 2011.
SKS Microfinance is a non-banking finance company (NBFC), registered and regulated by Reserve Bank of India, whose mission is to eradicate poverty by providing financial services to the poor.
