CESC Q1 Net profit jumps 12%
Power distribution company CESC has informed that it has registered a growth of 11.70% in its net profit, which surged to Rs 105 crore for the quarter ended June 2009, over the same period last year.
The company had posted a net profit of Rs 94 crore in the same period last year.
In addition, company' total income also grew to Rs 820 crore in the latest quarter, against Rs 816 crore in the same period previous fiscal.
The company witnessed the marginal growth in its income, due to overall improvement in performance parameters including lower transmission and distribution losses and rise in generation efficiencies.
The scrip of the company today closed at Rs 292 on BSE.