CESC Q3 net profit up 4.43% at Rs 152 cr

Power utility company CESC Ltd today reported a 4.83 per cent rise in standalone net profit at Rs 152 crore for the third quarter ended December 31, 2016. “The company has posted a net profit of Rs 152 crore for the quarter ended December 31, 2016 as compared to Rs 145 crore for the quarter ended December 31, 2015,” CESC said in a BSE filing.

Power utility company CESC Ltd today reported a 4.83% rise in standalone net profit at Rs 152 crore for the third quarter ended December 31, 2016.

Sanjiv Goenka, chairman of RP-Sanjiv Goenka Group, owner of CESC Ltd speaking at a press conference. (Livemint)

“The company has posted a net profit of Rs 152 crore for the quarter ended December 31, 2016 as compared to Rs 145 crore for the quarter ended December 31, 2015,” CESC said in a BSE filing.

According to the statement, total income has increased to Rs 1,650 crore in the quarter under review compared to Rs 1,617 crore in the same period last fiscal.

The company is engaged in generation and distribution of electricity and does not operate in any other reportable segment, it added.