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CESC reports marginal rise of 1% in Q1 net profit

14 Sep 2016 Evaluate

CESC has reported results for first quarter ended June 30, 2016.

The company has registered a marginal rise of 0.58% in its net profit at Rs 174 crore for the quarter as compared to Rs 173 crore for the same quarter in the previous year. However, total income of the company increased by 11.32% at Rs 1938 crore for quarter under review as compared to Rs 1741 crore for the quarter ended June 30, 2015.

CESC is engaged in power generation and distribution in state of West Bengal. CESC is a fully integrated power utility with its operation spanning the entire value chain: right from mining coal, generating power, distribution of power.

Peers
Company Name CMP
NTPC 326.20
Tata Power 366.80
Adani Power 203.00
Power Grid Corpn. 269.25
Adani Energy Solut. 1339.40
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