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Home / Companies / CESC March quarter profit at Rs244 crore

Kolkata: Power utility CESC Ltd’s net profit in the March-ended quarter remained little changed at 244 crore compared with 243 crore in the same period last year as expenses increased.

Revenue increased 13.6% to 1416 crore from a year-ago period. Operating profit increased 1.6% to 374 crore.

The firm’s so called “other expenses" jumped 2.5 times to 498 crore, of which 331crore was on account of electricity it purchased from external sources to sell to its customers.

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