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SKS Microfinance shares fall on Q2 earnings, tax notice

Shares in SKS Microfinance, India's only listed micro lender, dropped sharply on Tuesday on the back of quarterly earnings. The company reported a loss of Rs 262 crore for the July to September quarter against a loss of Rs 384.5 crore in the corresponding quarter last year. Net interest income rose to Rs 29 crore against Rs 59 crore a year ago. Shares in the company traded 4.5 per cent lower at Rs 115.50 on the NSE at 10.10 a.m....
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