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 Corporate Results - Power
States - Andhra Pradesh
KSK Energy net dips marginally in Q2

Our Bureau

Hyderabad, Oct.29 Higher cost of sales, fuel and personal expenses led to a marginal drop in net profit for KSK Energy Ventures Ltd at Rs 37.24 crore on revenues of Rs 106.99 crore for the second quarter ended September 30, 2009.

The company had netted Rs 45.39 crore on sales income of Rs 98.88 crore for the corresponding quarter last fiscal.

The company also hinted at a scheme of demerger. Accordingly, the Warora plant would continue in the Wardha Power Company Ltd Special Purpose Vehicle (SPV) and the Chattisgarh power project will be undertaken under a newly incorporated SPV KSK Mahanadi Power Company Ltd.

More Stories on : Power | Andhra Pradesh

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Stories in this Section
Eveready profits zoom

Grasim net profit rises 61% on higher production
JM Fin consolidated net surges 172%
Firstsource net rises 3% in Q2
SpiceJet net loss at Rs 101 cr
Kakatiya Cement net dips 30%
Tata Chem net profit down 20%
EIH posts net loss of Rs 9.7 cr
BPCL prunes net loss to Rs 159 cr
ONGC net profit rises 6% in Q2 on lower subsidy outgo
Arbitration award helps Cairn India register 60% rise in net
Reliance Ind net down 6.4%
Natco Pharma’s net up 12.6%
Power Grid Q2 net up 16%
KSK Energy net dips marginally in Q2
Sundram Fasteners net profit doubles
Utility vehicles, tractors drive M&M to record Rs 703-cr profit
DLF net profit tanks 77% in Q2
Slowdown in demand pulls HCL Info Q1 net down 11%
Sasken logs 58% rise in net profit on cost-cutting
Ramco Systems net up at Rs 53 lakh
Brisk growth in Britannia net
LIC Housing net up on robust disbursements
Dewan Housing Finance net up 70%
Other income growth boosts Corporation Bank’s net in Q2
Interest income props up Vijaya Bank net
Treasury gains, high interest income lift PNB profit 31%
Bank of India net drops 58% on higher provisioning
IOB second quarter net profit halves to Rs 176 cr


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