Thursday, September 3, 2026

CESC Q2 net profit up 20% to ₹425 crore on 12% revenue growth; declares ₹6 dividend

Date:

Power utility major CESC Ltd on Friday (October 17) reported a 20.4% year-on-year increase in net profit for the second quarter to ₹425 crore, up from ₹353 crore in the same period last year.The company’s revenue for Q2 grew 12% to ₹5,267 crore, compared with ₹4,700 crore in the corresponding quarter of the previous year. Operating performance also improved, with EBITDA rising 18.4% to ₹1,061 crore from ₹896 crore a year earlier. EBITDA margin expanded to 20.1% from 19% in the same period last year.

Also Read: CESC shares get an upgrade from Nuvama with 20% upside potential

The board of directors has approved and declared an interim dividend of ₹6 per equity share (600% of the paid-up equity share capital).The dividend will be payable to shareholders whose names appear in the Register of Members or as beneficial owners at the close of business on October 27, 2025, which has been fixed as the record date to determine eligibility for receiving the interim dividend.

Shares of CESC Ltd ended at ₹170.45, down by ₹4.45, or 2.54%, on the BSE.

Also Read: CESC shares may raise 28% on accelerated RE transition, Emkay Global says

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Govt defends 7.8% GDP growth, says consumption, investment remain strong

The government has defended India’s 7.8% GDP growth in...

India urged to review green finance rules, build workforce for nuclear expansion

India needs to review some of its financing rules...

Bank of Japan governor Ueda hints at September rate hike as bets on move mount

Bank of Japan Governor Kazuo Ueda said the bank’s...

RBI appoints Suman Ray as executive director

Ray has also served as Secretary to the Western...