Bharat Financial

SKS Microfinance posted a robust set of numbers for Q1FY15. Loan disbursements grew by 40% (YoY) to Rs. 1,160 crore, NII was up 41% at Rs.89 crore and net profit for the quarter was up by a strong 81% (QoQ) at Rs.49 crore and up from Rs.5 crore in previous Q1. During the quarter, the company had incremental draw-downs of Rs. 575 crore.

Its s portfolio excluding the states of Andhra Pradesh and Telangana registered a 39% (YoY) increase to Rs. 2,783 crore and Rs. 2,553 crore in Q4FY14 on monthly closing average basis. As of June 30, 2014, SKS Microfinance Limited had a net worth of Rs. 891 crore and capital adequacy of 39.6%. Cash and cash equivalents stood at Rs. 488 crore.