Comments
Power utility company CESC today reported 2 per cent increase in its standalone net profit to Rs 247 crore in the quarter ended September 30, 2017.
The company’s standalone net profit was Rs 242 crore in the quarter ended September 30, 2016, CESC Ltd said in a BSE filing today.
According to the statement, total income of the company rose to Rs 2,123 crore in the September quarter compared to Rs 2,048 crore in the same period last year.
During the April-September period, the company’s net profit rose to Rs 425 crore from Rs 416 crore in the corresponding period last fiscal. The company had reported a net profit of Rs 863 crore in the fiscal ended on March 31, 2017.
The company’s total income rose to Rs 4,347 crore in first half of this fiscal from Rs 4,086 crore in the same period previous fiscal.
Its total income was Rs 7,367 crore in the last fiscal.
The company is engaged in generation and distribution of electricity and does not operate in any other reportable segment, it added.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.