Power utility CESC Ltd on Friday reported a consolidated net profit of Rs 309 crore in the quarter ended March, registering a 9 per cent year-on-year rise, despite lower income.
Total consolidated income from operations was at Rs 1,734 crore for the reporting quarter against Rs 1,852 crore a year ago.
For the entire fiscal, income from operations stood at Rs 10,664 crore compared with Rs 10,275 crore registered in 2017-18.
CESC is planning demerger of its generation and distribution units. A power purchase agreement between the company and Haldia Energy is also awaiting clearance from the West Bengal Electricity Regulatory Commission.
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