Company Overview of CESC Limited
CESC Limited, a power utility company, is primarily engaged in the generation, transmission, and distribution of power to approximately 2.8 million domestic, industrial, and commercial users in the area of 567 square kilometers (km) of Kolkata and Howrah, West Bengal. It owns and operates 4 thermal power plants that generate approximately 1,225 megawatts of power; and transmission and distribution systems that comprise 474 km circuit of transmission lines linking its generating and receiving stations with 85 distribution stations, as well as 3,837 km circuit of HT lines, and 9,867 km circuit of LT lines. It also operates 128 stores under the Spencer’s label in India, which comprises 34 hyper...
Founded in 1897
Key Executives for CESC Limited
Total Annual Compensation: $7.3M
Advisor to the Chairman and Member of Investors' Grievance Committee
Total Annual Compensation: $2.2M
Compensation as of Fiscal Year 2014.
CESC Limited Key Developments
CESC Ltd Appoints K. Jairaj as Additional Director
Aug 9 14
CESC Ltd. has announced that Mr. K. Jairaj has been appointed as an Additional Director of the Company with effect from August 01, 2014.
CESC Limited Appoints K. Jairaj as an Additional Director, Effective August 1, 2014
Jul 30 14
CESC Limited announced that Mr. K. Jairaj has been appointed as an additional Director of the company, with effect from August 1, 2014.
CESC Limited Reports Unaudited Standalone Earnings Results for the First Quarter Ended June 30, 2014
Jul 30 14
CESC Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company net sales of INR 18,480 million against INR 14,190 million a year ago. Total income from operations was INR 18,630 million against INR 14,340 million a year ago. Profit from operations before other income, finance costs and other income was INR 2,840 million against INR 2,560 million a year ago. Profit after finance costs but before tax was INR 1,990 million against INR 1,660 million a year ago. Net profit after tax was INR 1,510 million against INR 1,310 million a year ago. Basic and diluted earnings per share were INR 12.12 against INR 20.47 a year ago.
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July 16, 2014