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cesc ltd (CESC) Details

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 hypermarkets and 29 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. In addition, 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. Further, the company is developing a shopping mall, the Quest with a total built up area of approximately 700,000 square feet. 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 and Me...
Total Annual Compensation: 7.3M
Advisor to the Chairman and Member of Investo...
Total Annual Compensation: 2.2M
Compensation as of Fiscal Year 2014.

cesc ltd (CESC) Key Developments

CESC Ltd Appoints K. Jairaj as Additional Director

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

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

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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