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CESC Jumps Over 1% On Increase In March Quarter Net Revenue

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At 3:20 pm, CESC shares were trading at Rs 780.45, higher by 1.3 percent, on the BSECESC shares leapt more than 1 percent on the BSE after the business reported a jump in net revenue in the quarter ended March 2021.

CESC published an over 13 percent dive in consolidated net earnings to Rs 429 crore in the quarter ended March 2021 on the back of higher incomes.

At 3:20 pm, CESC shares were trading at Rs 780.45, higher by 1.3 per cent, on the BSE.CESC had actually posted a combined net profit of Rs 378 crore in the quarter ended March 31, 2020.

CESC's total earnings increased to Rs 3,003 crore during the January-March 2021 duration compared to Rs 2,729 crore in the year-ago period.For the complete financial year 2020-21, the business's consolidated net revenue stood at Rs 1,363 crore compared to Rs 1,309 in 2019-20 and overall income was Rs 11,874 crore compared with Rs 12,378 crore a year ago.Meanwhile, the CESC board approved a proposal to divide shares of the company.

One equity share of small value of Rs 10 each will be sub-divided into 10 shares of a nominal value of Rs 1 each.




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