"This year the profit was flat due to non-revision of tariff for the year. There is nine per cent growth if compared apple to apple (both years without tariff hike)," CESC chairman Sanjiv Goenka said here today.
Sales for the quarter was valued at Rs 1,689 crore as against Rs 1,848 crore registered in the year-ago period.
Goenka said the company would continue to focus on cost control.
CESC will gradually reduce power purchase from state utility replacing by own group generating plants in phases.
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