CESC Q1 net profit rises 4.8% to Rs 131 cr

CESC's first quarter net profit grew by 4.8 percent year-on-year (fall 48.8 percent sequentially) to Rs 131 crore.

Revenue increased just 1 percent to Rs 1419 crore April-June quarter (down 4.9 percent Q-o-Q) from Rs 1404 crore reported in a year ago period.
CESC says that project in Haldia is progressing well. The power producer expects commissioning of Haldia project in Q3FY15.
At 12:15 hours IST, the stock lost 2.27 percent to Rs 325.70 amid high volumes on the BSE. Also read: Factors that will influence JSW Energy's Q1 nos