KSK Energy Ventures Ltd, on a consolidated basis posted a loss of Rs 17.80 crore for the second quarter ended September 30 as against a profit of Rs 54.73 crore for the corresponding period last year.

The company's net sales on a consolidated basis was, however, up at Rs 434.33 crore for the second quarter this fiscal as against Rs 276.45 crore for the corresponding period last year.

For the previous fiscal ended March 31, the company closed with sales of Rs 1096.13 crore and a net profit of Rs 181.75 crore.