CESC shares saw a decline of over 3% following the announcement of its standalone unaudited financial results for Q3FY25 and the nine months ending December 31, 2024.
The company reported a steady year-on-year revenue growth despite facing a sequential dip. For Q3FY25, CESC’s revenue reached ₹1,938 crore, marking a 6.5% increase compared to ₹1,819 crore in Q3FY24, although it saw a significant 26.6% sequential decline from Q2FY25.
The company’s profit for the period stood at ₹172 crore, a slight 1.2% YoY rise. However, it experienced a 21.1% sequential dip from Q2FY25’s ₹218 crore.
Looking at the nine-month performance, CESC’s revenue for the period amounted to ₹7,437 crore, reflecting a 9.5% YoY growth, while profit increased by 2.1% to ₹582 crore.
CESC Ltd. shares opened at ₹171.00 and reached a high of ₹171.39, while the low for the day was ₹163.52. The stock has shown a 52-week high of ₹212.49 and a 52-week low of ₹109.75, reflecting notable fluctuations. As of 2:30 PM, the shares were trading 2.87% lower at Rs 165.02.
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