CESC Q1 profit rises to ₹182 crore

1 min read 26 Jul 2018, 07:52 PM IST Aniek Paul

Power utility CESC reported net profit of 182 crore in the June quarter, compared with 178 crore in the year-ago period, while revenue fell marginally to 2,179 crore from 2,224 crore

CESC’s shares closed 0.54% down at ₹909.95 on the BSE on Thursday. Photo: Mint

Kolkata: Power utility CESC Ltd on Thursday reported net profit of ₹ 182 crore in the June quarter, compared with ₹ 178 crore in the year-ago period, while revenue fell marginally to ₹ 2,179 crore from ₹ 2,224 crore.

CESC continued to invest in its distribution infrastructure and had contained transmission and distribution losses, the company said in a statement. Its Budge generation unit was among the best-performing power plants in the country with a plant load factor of 98%, CESC added.

The company’s shares closed 0.54% down at ₹ 909.95 on the BSE on Thursday.

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