SKS Microfinance is trading higher by 5% at Rs 134 after reporting a net profit of Rs 2.7 crore for the quarter ended March 31, 2013 (Q4) against loss of Rs 330 crore in year ago quarter.

SKS Microfinance Limited reported a net profit of Rs 2.7 crore for the quarter ended March, 2013, as compared with a net loss of Rs 329.53 crore in the corresponding quarter previous year.

The company had posted a net loss of Rs 329 crore in the year-ago period.

Going bullish on the country's only listed microfinance company, foreign investors have more than doubled their holding in SKS Microfinance to nearly 36% over the past financial year with purchase of shares worth an estimated Rs 380 crore.

Royal Bank of Scotland (RBS) today offloaded 4.62% stake in Hyderabad-based SKS Microfinance for about Rs 63.50 crore.

SKS Microfinance has moved higher by 5% to Rs 127 in late noon deals after the company said that it has concluded a two microfinance securitisation transactions aggregating Rs 226 crore.

SKS Microfinance Limited, the only listed microfinance institution in the country, on Monday announced the conclusion of two microfinance securitisation transactions aggregating Rs 226 crore.

Leading microfinance institution (MFI)—SKS Microfinance (SKS) has seen a host of positive developments recently which could result in reversal of fortunes for the lender.

SKS Microfinance Ltd, India's only listed micro-lender, today said it has completed two more securitisation transactions aggregating Rs 115 crore.

SKS Microfinance Limited, the only listed micro finance institution (MFI) in the country, informed BSE on Thursday that it "intends to carry business in the state of Andhra Pradesh" in accordance to the interim order of the Supreme Court.

Domestic motorcycle industry to remain subdued in near term: The domestic motorcycle industry remains sluggish. Weak macro-economic conditions and higher fuel prices have affected the demand for motorcycles.

Following the Supreme Court interim order, SKS Microfinance Limited, the only listed micro finance institution (MFI) in the country, expects to recover a major portion of the Rs 1,350-crore which it had written off as non-performing portfolio in Andhra

An interim order by the Supreme Court has allowed SKS Microfinance to resume microlending operations in Andhra Pradesh, said sources familiar with the development.

Previously, Kumar has worked as chairperson of National Bank for Agriculture and Rural Development (Nabard).

SKS Microfinance, once the largest micro lender in the country, will decide on applying for a banking licence in its board meeting in May.

SKS Microfinance Limited has concluded a securitization transaction valued at Rs 63 crore with a private sector bank. This takes the total number of securitisation transactions it had closed in the current financial year to eight, valued at Rs 866 crore.

SKS Microfinance Ltd has concluded two microfinance securitisation transactions aggregating Rs 390 crore. This takes the total number of securitisation transactions it had closed in the current financial year to seven, valued at Rs 803 crore.

SKS Microfinance Limited, the only publicly-listed microfinance institution in the country, has concluded two microfinance securitisation transactions aggregating Rs 390 crore.

SKS Microfinance has locked in upper circuit of 10% at Rs 146 after the company said it concluded two highest rated microfinance securitization transactions aggregating to Rs 390 crore.

SKS Microfinance has rallied almost 9% to Rs 178 in opening trades on NSE after reporting a net profit of Rs 1.2 crore for the third quarter ended December 2012 (Q3) against net loss of Rs 428 crore in the same quarter previous year.