The Hindu Business Line : CESC total income increases to Rs 598 cr in Q3

CESC Ltd has recorded a total income of Rs 598 crore during the third quarter of fiscal 2005-06 compared with Rs 554 crore recorded during the corresponding period of last year.

The company's profit before tax was Rs 40 crore (Rs 32 crore) and the profit after tax was Rs 37 crore (Rs 32 crore).

According to a company press release, during the first three quarters of the current fiscal, the profit before tax and profit after tax had gone

up 22 per cent and 12 per cent, respectively. Transmission and distribution losses during the period stood at around 16 per cent.

The release said interest costs were down by 17 per cent in the third quarter owing to progressive repayment of loans.

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