Coal news and updates

CESC’s Q3 net profit up 5.94%

February 11: CESC Limited, a Kolkata-based power utility, has posted a net profit of Rs 107 crore during Q3 of FY’14, up 5.94% as compared to Rs 101 crore earned during the corresponding quarter of the previous fiscal, the company said in a filing to BSE.

Net sales of the company during the quarter stood at Rs 1,207 crore against Rs 1,040 crore earned during the same period last year, it said.

The total expenditure of the company during the quarter stood at Rs 914 crore as compared to Rs 774 core incurred during Q3 of FY’13, it added.