CESC Limited announced its standalone unaudited financial results for the third quarter (Q3FY25) and nine months ended December 31, 2024, showcasing steady year-on-year growth in revenue while maintaining profit levels.
Key Highlights for Q3FY25 (Standalone):
- Revenue from Operations:
- Q3FY25: ₹1,938 crore (+6.5% YoY, ₹1,819 crore in Q3FY24)
- Q2FY25: ₹2,639 crore (-26.6% QoQ)
- Profit for the Period:
- Q3FY25: ₹172 crore (+1.2% YoY, ₹170 crore in Q3FY24)
- Q2FY25: ₹218 crore (-21.1% QoQ)
Nine-Month Performance (Standalone):
- Revenue from Operations:
- Nine months ended December 2024: ₹7,437 crore (+9.5% YoY, ₹6,792 crore in 2023)
- Profit for the Period:
- Nine months ended December 2024: ₹582 crore (+2.1% YoY, ₹570 crore in 2023)
Observations:
- Revenue Growth: Q3FY25 revenue rose 6.5% YoY, reflecting consistent operational efficiency. However, there was a sequential decline due to seasonal and operational factors.
- Profit Stability: Profit for Q3FY25 remained steady, rising marginally YoY, despite sequential pressure.
- Nine-Month Performance: Revenue and profit for the nine months ended December 2024 demonstrated resilience, showcasing the company’s ability to navigate sectoral challenges effectively.
Conclusion:
CESC Limited continues to display robust financial performance, with steady revenue and profit growth year-on-year. The company remains committed to delivering value to stakeholders amidst a challenging energy sector landscape.