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Business News/ Companies / Company-results/  CESC Q1 profit rises to ₹182 crore

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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Updated: 26 Jul 2018, 07:52 PM IST
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