sector: Utilities ·
industry: Utilities - Electric ·
As of
12:24pm IST
369.10INR
CESC Limited is engaged in the business of generation and distribution of electricity within the licensed are of 567 square kilometers in the city of Kolkata and its adjoining areas. The Company has four coal-based generating stations at Budge Budge, Southern, Titagarh and New Cossipore. The Company operates in three segments: power, which includes generation and distribution of electricity; retail, which is engaged in organized retailing, and property, which is engaged in property development. Its subsidiaries are Spencer’s Retail Limited, Music World Retail Limited, Au Bon Pain Cafe India Limited, CESC Properties Limited, Metromark Green Commodities Private Limited and Haldia Energy Limited. The Company’s interests in jointly controlled entity remains in Mahugarhi coal Company Private Limited. In August 2009, CESC Limited acquired an interest in Dhariwal Infrastructure Private Limited (DIPL). DIPL became a subsidiary of the Company.
BRIEF: For the fiscal year ended 31 March 2009, C E S C Limited's revenues increased 14% to RS42.7B. Net income decreased 71% to RS775M. Revenue reflects an increase in in income from power & retail segments of the group. Net income was offset by an increase in other expenses, a rise in interest expenses, higher depreciation expenses, presence of loss on sale of fixed assets and decreased gross & operating margins.
CESC Limited
CESC House
Chowringhee Square
Kolkata 700 001
P: +9133.2256040
F: +9133.2255155