Millennium Post

CESC Q1 net profit up to Rs 182 crore

Kolkata: RP Sanjiv Goenka Group flagship company CESC Ltd on Thursday reported a 2 per cent on-year rise in its standalone net profit for the June quarter to Rs 182 crore.

Operational revenue during the reporting quarter was down to Rs 2,159 crore compared with Rs 2,184 crore in the corresponding period of the 2017-18 fiscal, the company said in a release.

The power utility said Budge Budge ranked amongst the top five performing power plants in the country with a PLF of 98 per cent, while the Haldia plant has a PLF of 92 per cent.

CESC added that operations in Rajasthan's Kota, Bikaner and Bharatpur are running successfully.

The Company touched several milestones in terms of operational excellence and continues to thrive due to improvement in every aspect of its operation. As part of Company's initiative to upgrade/ modernize its electricity infrastructure to provide efficient and reliable electricity supply to the city, the Companymade substantial investments for upgrading the city's electrical distribution infrastructure.

CESC's journey towards excellence is heralded by a heightened focus on customer centricity essentially to ensure that the customers have a smooth and hassle-free interaction with the company.

CESC continues to achieve a load shedding free environment for its customers.

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