CESC Q3 Profit Down 6.3% to Rs 282 Cr
By Rediff Money Desk, New Delhi Jan 10, 2025 17:41
CESC Ltd. reported a 6.3% decline in Q3 FY25 net profit to Rs 282 crore, impacted by lower regulatory income. Total income rose to Rs 3,657 crore.
New Delhi, Jan 10 (PTI) Power generation and distribution company CESC Ltd on Friday reported 6.3 per cent dip in consolidated net profit at Rs 282 crore for December quarter FY25.
The company had logged a net profit of Rs 301 crore in the quarter ended December 31, 2023.
Net regulatory income fell to Rs 300 crore in the quarter from Rs 560 crore in the year-ago period. Total expenses rose to Rs 3,595 crore from Rs 3,497 crore.
Total income also rose to Rs 3,657 crore in the quarter from Rs 3,301 crore a year ago.
The board has declared an interim dividend of Rs 4.50 per equity share for the fiscal. The record date for eligible shareholders to receive the interim dividend is January 16, 2025.
The company had logged a net profit of Rs 301 crore in the quarter ended December 31, 2023.
Net regulatory income fell to Rs 300 crore in the quarter from Rs 560 crore in the year-ago period. Total expenses rose to Rs 3,595 crore from Rs 3,497 crore.
Total income also rose to Rs 3,657 crore in the quarter from Rs 3,301 crore a year ago.
The board has declared an interim dividend of Rs 4.50 per equity share for the fiscal. The record date for eligible shareholders to receive the interim dividend is January 16, 2025.
Source: PTI
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