09-Mar-2015 08:22 AM
KSK Power Ventur has warned that operating profits are likely to be materially below market expectations.
It says revenues for FY2015 are likely to be flat when compared to FY2014 and below market forecasts.
It says every effort is being made to addre
28-Nov-2014 09:05 AM
KSK Power Ventur posts pre-tax losses of $69.03m for the six months to the end of September - 40% down on last time.
The company said the latest figures included an unrealised exchange loss of $17.82m due to the restatement of the foreign currency denomi
05-Nov-2014 02:05 PM
KSK Power Ventur non-executive director Guy Lafferty has resigned from the board with immediate effect due to his other commitments.
At 2:05pm: (LON:KSK) KSK Power Ventur PLC share price was 0p at 85p
Story provided by StockMarketWire.com...
15-Jul-2014 08:08 AM
KSK Power Ventur plunged into the red in the year to the end of March posting a pre-tax loss of $72.1m against a profit of $37.5m last time.
Group revenue fell by 14% to $335.9m and gross profit decreased by 42% to $91.1m while operating profits dropped
03-Jun-2014 09:16 AM
KSK Power Ventur says it has noted recent press comment concerning its Indian listed 74.94% subsidiary, KSK Energy Ventures Ltd. KSKPV says that at the KSKEV shareholders' meeting on 24 May the following resolutions were passed:
1. Further i
17-Feb-2014 08:57 AM
KSK Power Ventur's Indian subsidiary, KSK Energy Ventures Limited, posts a net loss of Rs8.68m for the third quarter to the end of December - down from Rs12.54m a year ago.
Net profits for the first nine months fell to Rs86.77m - down from Rs195.94m
06-Feb-2014 09:59 AM
KSK Power Ventur gas appointed Keith Henry and Guy Lafferty as non-executive directors, subject to usual regulatory searches.
Henry has had a long and successful career in the global power and energy sectors. He has run large private and publicly listed
02-Dec-2013 08:28 AM
KSK Power Ventur reports a business update made by its subsidiary KSK Energy Ventures Limited which includes an update on a 6X600 MW power project.
KSK Energy Ventures says the first 600 MW Unit is fully functional with all associated ancillary infrastr
29-Nov-2013 07:53 AM
KSK Power Ventur posts a pre-tax loss of $115.24m for the six months to the end of September compared with a profit of $34.65m last time.
Group revenue fell by 24% to $150.68m and gross profit decreased by 36% to $45.27m. Operating profits were down by
12-Aug-2013 08:50 AM
KSK Power Ventur reports significant progress in recent months on tying up fuel supplies and project execution, together with associated benefits from the scaling up of operations.
And it says replacing part of the Indian rupee denominated debt with low
08-Jul-2013 02:41 PM
KSK Power Ventur's group revenue increased 3% to $392.8m in the year to the end of March.
Gross profit increased 20% to $156.1m but operating profit decreased marginally to $119.2m (2012: $122.4m) while profit before tax increased to $36.5m (2012:
20-May-2013 08:19 AM
KSK Power Ventur has confirmedthe successful synchronisation of its first 600 MW unit of the KSK Mahanadi power plant with the National Grid and the start of power generation.
KSK says this large fuel integrated power plant has many firsts to its accou
04-Feb-2013 09:47 AM
KSK Power Ventur's Indian subsidiary, KSK Energy Ventures, posts net losses of Rs12.54m for the three months to the end of December.
This compares with a net profit of Rs19.06m in the previous three months and a net profit of Rs 306.55m a year ago.
26-Nov-2012 09:15 AM
Operating profits at power project company KSK Power Ventur rose by 33% to $58.3m in the six months to the end of September.
Group revenues rose by 9% to $198.62m and there was a pre-tax profits of $34.27m compared with a loss of $35.94m a year ago.
23-Nov-2012 09:29 AM
India-focused KSK Power Ventur will be releasing its interim results for the six months to the end of September on 26 November.
At 9:29am: (LON:KSK) share price was 0p at 402.5p
Story provided by StockMarketWire.com...
07-Sep-2012 09:18 AM
KSK Power Ventur has issued a correction to the interim management statement released on 24 August.
It says that while an earlier announcement released on 6 August carried the correct reference and details with respect to the results of its Indian sub
24-Aug-2012 12:48 PM
KSK Power Ventur, the listed power project company listed with interests in multiple power plants and businesses across India, has in aggregate an operating power project asset portfolio of 881 MW coupled with a 3.6 GW project still to come on stream.
02-Jul-2012 07:23 AM
KSK Power Ventur said revenue rose 69% to $383.2m in the year to end-March (2011: $226.8m); gross profit rose 70% to $130m (2011: $76.4m).
Operating Profit increased 133% to $122.4m (2011: $52.5m).
Investments in Property, Plant and Equipment increased
29-Nov-2011 08:17 AM
KSK Power Ventur's group revenues jumped by 124% to $182.97m in the six months to the end of September.
Gross and operating profit increased by 23% and 9% respectively to $54.98m and $43.92m while investments in property plant and equipment rose b
19-Aug-2011 07:56 AM
KSK Power Ventur expects its financial performance in the second half will 'far exceed' the first six months.
It says this is due to seasonality factors associated with certain industrial consumers as well as stabilisation of certain key facto
12-Aug-2011 03:00 PM
Mr. Abhay Mahadeo Nalawade has become a non-executive director of KSK Power Ventur.
He has more than 30 years experience in the energy field and served as CEO and Managing Director of, a major corporation in the energy and environment field.
27-Jul-2011 08:16 AM
KSK Power Ventur's operating profits rose 127% to $52.5m in the year to the end of March.
Group revenues rose by 329% to $226.8m and gross profits increased by 186% to $76.4m.
Investments in property plant and equipment increased 49% to $1,955m wh
09-May-2011 03:21 PM
Net income at KSK Power Ventur's Indian subsidiary, KSK Power Ventures Ltd, jumped by 132% to INR4922m in the year to the end of March.
Profit before interest and taxes rose 55% to INR4331m.
KSKPV will be announcing its results for the year to the
15-Feb-2011 08:38 AM
KSK Power Ventur's robust first half performance slowed in the three months to the end of December with sales and profits below expectations.
It said this was due to various developments in the wider energy market in India and their effect on specif
05-Jan-2011 09:04 AM
KSK Power Ventur's subsidiary, KSK Energy Ventures, has announced the light up of the boiler and completion of steam blowing at the third unit of the 540MW Wardha Warora project.
KSKEV said: "It is anticipated that, immediately upon completion