KSK Energy Ventures swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 1,036.40 million compared with a profit of Rs 666.01 million in the same quarter last year.
Net sales for the quarter rose 19.35% to Rs 6,173.56 million, compared with Rs 5,172 million for the prior year period.
Earnings per share for the quarter stood at Rs 2.31, registering 55.03% growth over previous year period.
| Quarterly Results - (Rs in mn) |
| As at | Mar - 14 | Mar - 13 | %Change |
| Net Sales | 6,173.56 | 5,172.49 | 19.35 |
| Net Profit | (1,036.40) | 666.01 | - |
| Basic EPS | 2.31 | 1.49 | 55.03 |
Shares of the company declined Rs 4.05, or 3.63%, to trade at Rs 107.50. The total volume of shares traded was 21,885 at the BSE (11.54 a.m., Monday).
