CESC has reported results for second quarter ended September 30, 2012.
The company has reported 19.30% rise in its net profit after tax at Rs 136.00 crore for the quarter ended September 30, 2012 as compared to Rs 114.00 crore for the same quarter in the previous year. Total income of the company has increased by 13.72% at Rs 1368.00 crore for quarter under review as compared to Rs 1203.00 crore for the quarter ended September 30, 2011.
CESC, through its wholly-owned subsidiary, Spen Liq, planned to acquire49.5% stake in India’s fifth-largest business process outsourcing (BPO) firm, Firstsource Solutions. The deal, which values Firstsource at Rs 800 crore, would give Goenka a foothold in the information technology sector.
