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regular-article-logo Tuesday, 18 June 2024

CESC reports strong Q1 performance with 24 per cent growth in net profit to Rs 368 crore

Total income of the company rose to Rs 4,369 crore from Rs 4,146 crore in the year-ago quarter, reflecting strong progress

PTI New Delhi Published 04.08.23, 05:05 PM
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Power utility CESC Ltd on Friday posted about 24 per cent rise in consolidated net profit to Rs 368 crore for June quarter 2023-24, on account of higher income.

It had logged Rs 297 crore profit in April-June 2022-23, the company said in a regulatory filing.

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Total income rose to Rs 4,369 crore from Rs 4,146 crore in the year-ago quarter.

Expenses were at Rs 4,194 crore as against Rs 3,934 crore a year ago.

Kolkata-based CESC belongs to RP-Sanjiv Goenka Group and is a vertically integrated power utility engaged in generation, transmission and distribution of electricity.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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