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Illustration: Ajay Mohanty
Indian electrical utility company CESC posted an 8.9% rise in first-quarter profit on Friday, helped by surging power demand.
The Kolkata-based company said its consolidated net profit rose to Rs 378 crore ($45 million) in the April-June quarter from Rs 347 crore a year ago.
Revenue from operations rose 12.8% to Rs 4863 crores.
India experienced a sharp rise in power demand amid sturdy manufacturing activity and scorching weather in a summer that stretched beyond the March-May period into June.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
First Published: Aug 09 2024 | 5:45 PM IST
