CESC Q1 results show revenue up from 3208 crores to 4369 crores, a 36.19% increase in growth. EPS down from ₹3.27 to ₹2.62, down by -19.88%.
First, Let’s Begin with Quarter-on-Quarter Basis:
CESC shared its Q1 results on Friday. They earned 4369 crores in revenue this quarter, but that’s more than the 3208 crores they made last quarter. The company’s growth increased by 36.19 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 347 crores, down from 433 crores in the previous quarter. Their quarter-to-quarter growth decreased by -19.86 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹2.62, which is a decrease of -19.88% from the ₹3.27 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 4369 crores this year (2023), which is 5.38 percent higher than last year’s total revenue of 4146 crores.
This year’s PAT (Profit After Tax) is 347 crores, which is also 21.33% higher than last year’s PAT of 286 crores.
The EPS (Earnings Per Share) for this year is ₹2.62, which is 21.30% more than the EPS of ₹2.16 earned last year.
Also Read: Fortis Healthcare Q1FY24 Results: Consolidated PAT Drops of Rs. 111.76 Cr
CESC Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About CESC:
CESC Limited is involved in the generation and distribution of electricity in and around Kolkata. Additionally, the company offers consultancy services for the establishment of power plants and the installation of transformers and electrical equipment.
Download the Full PDF of CESC Q1 Results: Click Here
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