CESC's Q2 FY 2025-26 Quarterly Results

Result Summary

• CESC Ltd reported a 1.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.4%.
• Its expenses for the quarter were down by 3.0% QoQ and up 9.6% YoY.
• The net profit increased 10.1% QoQ and increased 19.3% YoY.
• The earnings per share (EPS) of CESC Ltd stood at 3.21 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

CESC Ltd, also known as Calcutta Electric Supply Corporation, is a leading integrated power utility company in India. The company predominantly operates in the electricity generation and distribution sector. CESC Ltd supplies electricity to the city of Kolkata and its adjoining areas. The company is known for its extensive network of power generation plants and distribution utilities. As a significant player in the energy sector, CESC Ltd focuses on efficient and reliable power distribution, contributing to sustainable energy solutions. Recent developments, such as technological upgrades and expansions, aim to enhance the company's operational capabilities and service offerings. Additional specific recent developments are not available in the provided data.

Revenue

In Q2FY26, CESC Ltd reported a total income of ₹5351.00 crores, showing a quarter-over-quarter (QoQ) increase of 1.2% from ₹5285.00 crores in Q1FY26. The company also experienced a year-over-year (YoY) growth of 9.4% compared to ₹4889.00 crores in Q2FY25. This increment in revenue may reflect changes in demand or price adjustments for CESC Ltd's services. The steady rise in total income over the quarters and years highlights the company's revenue-generating capabilities. The consistent increase in revenue could be attributed to various factors, including enhanced operational strategies or market expansion, though specific reasons are not detailed in the provided data.

Profitability

CESC Ltd's profitability metrics for Q2FY26 indicate robust performance. The profit before tax (PBT) for the quarter was ₹565.00 crores, marking an 11.2% increase QoQ from ₹508.00 crores in Q1FY26 and a substantial 22.3% rise YoY from ₹462.00 crores in Q2FY25. After accounting for tax expenses of ₹120.00 crores, which increased by 15.4% QoQ and 34.8% YoY, the profit after tax (PAT) was reported at ₹445.00 crores. This represents a 10.1% QoQ growth from ₹404.00 crores in Q1FY26 and a 19.3% YoY increase from ₹373.00 crores in Q2FY25. The earnings per share (EPS) also improved, reaching ₹3.21 in Q2FY26, up 9.9% QoQ and 20.2% YoY. These figures illustrate the company's ability to manage costs and enhance profitability over time.

Operating Metrics

CESC Ltd's operating metrics for the quarter reveal a strategic reduction in total expenses. Total expenses in Q2FY26 were ₹4854.00 crores, which is a 3.0% decrease QoQ from ₹5005.00 crores in Q1FY26. Despite this reduction, there is a 9.6% YoY increase from ₹4427.00 crores in Q2FY25. The decrease in expenses from the previous quarter could be attributed to cost management initiatives or operational efficiencies, although specific strategies are not detailed in the provided data. The company's focus on maintaining a balance between revenue growth and expense management is evident from these metrics, reflecting its operational strength in sustaining profitability and growth.