Microfinance Focus, May 7, 2011: SKS Microfinance, India`s largest microfinance and only listed MFI in Asia, on Friday announced its fourth quarter ended at March 31, 2011 results. The Company has posted a loss after tax of Rs (697.685) million for the quarter ended March 31, 2011 as compared to profit after tax of Rs 628.930 million for the quarter ended March 31, 2010. Total Income has decreased from Rs 3044.938 million for the quarter ended March 31, 2010 to Rs 1938.456 million for the quarter ended March 31, 2011.

According to the Audited results for the Year ended March 31, 2011, the Company has posted a net profit of Rs 1116.308 million for the year ended March 31, 2011 as compared to Rs 1739.539 million for the year ended March 31, 2010. Total Income has increased from Rs 9585.141 million for the year ended March 31, 2010 to Rs 12695.396 million for the year ended March 31, 2011.

The shares price has reported an all time new low of Rs 331.30. It declined by almost 20% percent after opening at Rs 410.