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cesc ltd (CESC) Details

CESC Limited, a power utility company, engages in the generation, transmission, and distribution of electricity to approximately 2.9 million domestic, industrial, and commercial users in the area of 567 square kilometers (km) of Kolkata and Howrah, West Bengal in India. It owns and operates 3 thermal power plants that generate approximately 1,125 megawatts (MW) of power; and transmission and distribution systems that comprise 474 km circuit of transmission lines linking the company’s generating and receiving stations with 105 distribution stations, as well as 8,211 km circuit of HT lines, and 12,269 km circuit of LT lines. The company also owns and operates a solar plant with generating capacity of approximately 9MW of power in Kutch, Gujarat; hydro power venture generating approximately 146 MW of energy in Arunachal Pradesh; and wind power project with a capacity of 24 MW at Dangi in Rajasthan. In addition, it operates 126 stores under the Spencer’s brand name comprising 34 hypermarkets and 27 cafes at high street/shopping malls, business and industry locations, hospital premises, and universities. The company’s stores cater to various family needs covering groceries, home and personal care products, apparel and accessories, consumer durables, and lifestyle products. Further, it offers business process management services, such as customer management, transaction processing, and collection services to healthcare, telecom and media, banking, financial services, and insurance companies. Additionally, the company has launched a shopping mall, the Quest with approximately 12 million footfalls in the year. The company was formerly known as The Calcutta Electric Supply Corporation (India) Limited and changed its name to CESC Limited in January 1987. CESC Limited was founded in 1897 and is headquartered in Kolkata, India.

Founded in 1897

cesc ltd (CESC) Top Compensated Officers

Managing Director, Whole-Time Director, Membe...
Total Annual Compensation: 8.0M
Advisor To The Chairman and Member of Stakeho...
Total Annual Compensation: 2.2M
Compensation as of Fiscal Year 2015.

cesc ltd (CESC) Key Developments

CESC Limited Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2015

CESC Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported net sales of INR 16,890 million compared to INR 18,480 million a year ago. Profit from operations before other income and finance costs was INR 2,950 million compared to INR 2,840 million a year ago. Profit before tax was INR 2,000 million compared to INR 1,990 million a year ago. Net profit after tax was INR 1,520 million compared to INR 1,510 million a year ago. Basic and diluted profit per share was INR 11.47 compared to INR 12.12 a year ago.

CESC Limited to Report Q1, 2016 Results on Jul 31, 2015

CESC Limited announced that they will report Q1, 2016 results on Jul 31, 2015

CESC Limited, Board Meeting, Jul 31, 2015

CESC Limited, Board Meeting, Jul 31, 2015. Agenda: To consider the unaudited financial results of the company for the quarter ended June 30, 2015.

 

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