CESC Ltd’s shares are down about 10% over the past three trading sessions. The power generation and distribution company’s consolidated revenue and Ebitda were nearly unchanged at ₹3,861 crore and ₹910 crore, respectively. The company’s electricity generation business, with a total capacity of 2.1 GW, performed better with higher capacity utilization and better pricing for power sold through the exchanges. …
BENGALURU - India's CESC, a power generation and distribution company, reported a fall in third-quarter profit on Friday, due to higher tax expenses and lower regulatory income. Regulatory income, which includes adjustments related to fuel cost, purchase of power and other fixed costs, fell to 3 billion rupees from 5.6 billion rupees a year ago. KEY CONTEXT CESC's revenue for …
