MoneyWorks4Me

CESC reports 13% rise in Q3 net profit

05 Feb 2019 Evaluate

CESC has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 13.07% in its net profit at Rs 173.00 crore for the quarter under review as compared to Rs 153.00 crore for the same quarter in the previous year. However, total income of the company decreased marginally by 0.17% at Rs 1,752.00 crore for Q3FY19 as compared Rs 1,755.00 crore for the corresponding quarter previous year.

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