CESC , a power generation company, has reported a
massive growth of 130.36% year-on-year in its net profit of Rs 258 crore for
the fourth quarter of FY12.
Total income jumped 57.6% to Rs 1,379 crore from Rs 875
crore year-on-year.
Numbers were better than expectations - analysts on average
had expected net profit at Rs 186 crore and
total income at Rs 1,364 crore.
Other income too nearly doubled at Rs 38 crore in the
January-March quarter of 2012 as against Rs 20 crore in a year ago period.
Company said entire tariff revision has been included in Q4
and FY12 numbers.
CESC said it would go ahead with Balagarh power project and
invest Rs 10,500 crore for the same.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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