CESC Q3 profit rises 3% to ₹182 crore
January 13, 2021
× Despite a near flat standalone revenue, RP-Sanjiv Goenka Group flagship, CESC Ltd reported an over 3 per cent jump in net profit to ₹182 crore for the third quarter ended December 31, 2020. Net profit in the corresponding quarter last fiscal stood at ₹176 crore.
The company’s standalone revenue from operations, for the period under review, stood at ₹1,659 crore, a less than one per cent YoY increase over ₹1,648 crore it reported in the year-ago-period.
On a consolidated basis, the net profit saw a near 25 per cent jump to ₹328 crore, YoY, on an over 8 per cent rise in revenue from operations to ₹2,539 crore in Q3FY21.