CESC Ltd registered a marginal (near one per cent) rise in standalone profit at ₹186 crore for the third quarter ended December 31, 2022, as against ₹184 crore same period last year.
Revenue from operations on grew by nearly three per cent at ₹1,708 crore during the quarter against ₹1,662 crore same period last year.
The company’s board has declared an interim dividend of ₹4.50 per equity share (i.e., 450 per cent) on the paid-up equity share capital for financial year 2022-23.
Net profit on a consolidated basis declined marginally by nearly one per cent at ₹336 crore (₹340 crore). Consolidated revenue from operations was up by nearly 11 per cent at ₹3,129 crore (₹2,826 crore).
The company’s scrip closed at ₹75.05, up by 1.08 per cent on the BSE on Tuesday.
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.