CESC Q3 net profit seen up 17% at Rs 114.4 cr

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CESC Q3 net profit seen up 17% at Rs 114.4 cr

CESC is set to announce its third quarter results of FY10. According to CNBC-TV18 estimates, its net profit is expected to go up 17% to Rs 114.4 crore from Rs 98 crore.

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CESC is set to announce its third quarter results of FY10. According to CNBC-TV18 estimates, its net profit is expected to go up 17% to Rs 114.4 crore from Rs 98 crore.

Revenues are seen going up 19% to Rs 892.8 crore versus Rs 752 crore and EBIDTA (earning before interest, depreciation, tax and amortisation) is likely to go up 28% to Rs 193.3 crore from Rs 151 crore.

Factors
-Improvement in realisation due to tariff order allowing Rs 0.48/kwh increase from end november
-Commissioning of budge budge expected to aid revenue growth from coming quarter