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SKS Microfinance swings to profit in Q3

SKS Microfinance, country's only listed MFI, Thursday reported a net profit of Rs 1.2 crore for the third quarter ended December 2012 on the back of success in its multi-pronged turnaround strategy.

SKS Microfinance Q1 loss at Rs 39 cr

SKS's revenue from non-Andhra Pradesh states rose by 11 percent to Rs 79 crore in the first quarter of this fiscal from Rs 72 crore in the fourth quarter in previous fiscal.