CESC Ltd's Q3FY25 Quarterly Results

Result Summary

• CESC Ltd reported a 25.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 5.3%.
• Its expenses for the quarter were down by 18.8% QoQ and up 2.8% YoY.
• The net profit decreased 24.4% QoQ and decreased 6.3% YoY.
• The earnings per share (EPS) of CESC Ltd stood at 2 during Q3FY25.

Financial Statments for Q3FY25

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 is a leading player in the Indian power sector. The company is responsible for the generation, distribution, and supply of electricity to Kolkata and Howrah, two major cities in the Indian state of West Bengal. With a vast and diverse consumer base, the company caters to both domestic and industrial users. Over the years, CESC Ltd has been involved in several key developments including diversification into other energy-related ventures and an increased focus on sustainability through renewable energy projects. However, it's important to note that the exact impact of these developments on the current financial performance of the company is not available in the provided data.

Revenue

For the third quarter of the financial year 2025 (Q3FY25), CESC Ltd reported a total income of ₹3657.00 crores. This represents a quarter-over-quarter (QoQ) decrease of 25.2% from the previous quarter's income of ₹4889.00 crores. On a year-over-year (YoY) basis, the company’s total income showed a decrease of 5.3% from the ₹3861.00 crores reported in the third quarter of the previous financial year (Q3FY24). The company's revenue trends indicate a contraction both on a quarterly and yearly basis. A more detailed analysis would be required to identify the specific factors that led to this decline in revenue.

Profitability

CESC Ltd's profitability for Q3FY25 can be gauged by its Profit Before Tax (PBT) and Profit After Tax (PAT). The company reported a PBT of ₹362.00 crores, marking a decline of 21.6% QoQ and a marginal decrease of 0.5% YoY. The company's PAT stood at ₹282.00 crores, a drop of 24.4% QoQ and a decrease of 6.3% YoY. The company’s Earnings Per Share (EPS) for the quarter was ₹2.00, down by 25.9% from the previous quarter and by 4.8% from the same period in the previous year. These figures indicate a contraction in profitability across the board.

Operating Metrics

CESC Ltd's operating performance can be assessed by examining its total expenses and tax obligations. The company's total expenses for Q3FY25 were ₹3595.00 crores, a decrease of 18.8% QoQ and an increase of 2.8% YoY. This suggests that while the company has managed to reduce its expenses from the previous quarter, they are slightly higher than the same period in the previous year. The company's tax obligations for the quarter stood at ₹80.00 crores, a decrease of 10.1% QoQ, but a significant increase of 27.0% YoY. These figures suggest a mixed performance in terms of operating efficiency and tax planning.