KSK Energy Ventures MiaSole announced that the commissioning of an 11.6MW solar photovoltaic project occurred on February 26, 2013. The project is under India's Jawaharlal Nehru National Solar Mission and is one of the largest solar power plants in Rajasthan, India. The KSK project highlights MiaSole's ability to scale solar technology at a price that is attractive for both solar developers and utilities and underscores the company's position as the leading supplier of high-efficiency CIGS modules and solar solutions in India.

KSK Energy Ventures Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 91.95 million against INR 215.70 million in the same period of last year. Profit from operations before other income, interest and exceptional items was INR 22.42 million against INR 175.08 million in the same period of last year. Loss from ordinary activities before tax was INR 16.40 million against profit from ordinary activities before tax of INR 321.12 million in the same period of last year. Net loss was INR 12.54 million or INR 0.10 per basic and diluted share before and after extraordinary items against net profit of INR 306.55 million or INR 0.76 per basic and diluted share before and after extraordinary items in the same period of last year. For the nine months, on standalone basis, the company reported net sales/income from operations of INR 399.60 million against INR 459.54 million in the same period of last year. Profit from operations before other income, interest and exceptional items was INR 258.21 million against INR 282.63 million in the same period of last year. Profit from ordinary activities before tax was INR 128.32 million against loss from ordinary activities before tax of INR 725.96 million in the same period of last year. Net profit was INR 105.94 million or INR 0.10 per basic and diluted share before and after extraordinary items against net loss of INR 561.16 million or INR 1.69 per basic and diluted share before and after extraordinary items in the same period of last year. For the quarter, the group reported net sales/income from operations of INR 5,574.98 million against INR 5,696.46 million in the same period of last year. Profit from operations before other income, interest and exceptional items was INR 1,413.57 million against INR 1,788.04 million in the same period of last year. Profit from ordinary activities before tax was INR 156.13 million against INR 636.31 million in the same period of last year. Net profit was INR 491.44 million against INR 827.29 million in the same period of last year. Consolidated net profit was INR 407.91 million or INR 1.03 per basic and diluted share before and after extraordinary items against INR 755.39 million or INR 1.96 per basic and diluted share before and after extraordinary items in the same period of last year. For the nine months, the group reported net sales/income from operations of INR 16,872.30 million against INR 14,456.24 million in the same period of last year. Profit from operations before other income, interest and exceptional items was INR 4,390.61 million against INR 3,762.02 million in the same period of last year. Profit from ordinary activities before tax was INR 570.09 million against INR 545.16 million in the same period of last year. Net profit was INR 1,007.58 million against INR 1,098.62 million in the same period of last year. Consolidated net profit was INR 929.23 million or INR 2.31 per basic and diluted share before and after extraordinary items against INR 984.19 million or INR 2.45 per basic and diluted share before and after extraordinary items in the same period of last year.

KSK Energy Ventures Limited, Board Meeting, Feb 02, 2013. Agenda: To consider quarterly results.