CESC Q2 net profit up 12% at Rs 192 cr

Net sales during the quarter rose 2% to Rs 1,647 cr

The RP-Sanjiv Goenka Group flagship power company CESC has posted a 12.28 per cent rise in net profit at Rs 192 crore for the quarter ended September, 2014 compared to a net profit of Rs 171 crore during the corresponding period last year.

Net sales during the quarter rose 2.23 per cent to Rs 1,647 crore, against Rs 1,611 crore in the year-ago period.

“In all parametres it has done better than before. Also, units sold during the quarter was marginally higher. Improved efficiency and higher plant loading factor has contributed to the growth,” said Sanjiv Goenka, chairman, RP-Sanjiv Goenka Group.