However, revenue from operations rose 9.77% year on year (YoY) to Rs 3,561 crore in the quarter ended 31 December 2024. Profit before tax in the December 2024 quarter stood at Rs 362 crore, down by 0.55% YoY. Total expenses rose 2.8% to Rs 3595 crore in Q3 FY25 over Q3 FY24. Cost of energy purchased stood at Rs 1,274 crore (up 4.94% YoY), employee benefits expense was Rs 1,274 crore (up 3.3% YoY) Finance costs stood at Rs 339 crore (up 14.53% YoY). On a nine-month basis, the company's consolidated net profit increased 2.05% to Rs 996 crore on a 10.23% rise in revenue from operations to Rs 13,124 crore in 9M FY25 over 9M FY24. Meanwhile, the company declared an interim dividend of Rs 4.50 per equity share and record date for the same is fixed as 16 January 2025. CESC is a fully-integrated electrical utility company. The company's other business segments include power, organized retailing, property development and business process outsourcing. Powered by Capital Market - Live

CESC announced that the Board of Directors of the Company at its meeting held on 10 January 2025, inter alia, have recommended the interim dividend of Rs 4.5 per equity Share (i.e. 450%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of CESC declined 5.69% to Rs 265.00 crore in the quarter ended December 2024 as against Rs 281.00 crore during the previous quarter ended December 2023. Sales rose 9.77% to Rs 3561.00 crore in the quarter ended December 2024 as against Rs 3244.00 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3561.003244.00 10 OPM %17.1310.67 - PBDT667.00667.00 0 PBT362.00364.00 -1 NP265.00281.00 -6 Powered by Capital Market - Live

The LoA has been issued, following the response submitted by Purvah on the request for selection document issued by CESC in terms of the 'guidelines for tariff-based competitive bidding process for procurement of power from grid-connected wind SOLAR hybrid power project' dated 21 August 2023, issued by the Ministry of Power, Government of India, and amended from time to time, for setting up a wind-solar hybrid power project of 150 MW with additional 150 MW capacity under the greenshoe option. The power purchase agreement to be signed will remain valid for 25 years from the scheduled commencement of supply. CESC is a fully integrated electrical utility company. The company's other business segments include power, organized retailing, property development, and business process outsourcing. The company's consolidated net profit increased 1.40% to Rs 353 crore in Q2 FY25 as compared with Rs 348 crore recorded in Q2 FY24. Net sales rose 8% YoY to Rs 4700 crore in Q2 FY25. Shares of CESC fell 2.48% to Rs 174.90 on the BSE.Powered by Capital Market - Live

CESC has issued the Letter of Award to Purvah Green Power (Purvah), a subsidiary of CESC, pursuant to the response submitted by Purvah on the Request for Selection document issued by CESC in terms of the 'Guidelines for tariff Based Competitive Bidding Process for procurement of Power from Grid Connected Wind Solar Hybrid Power Project' dated 21 August 2023 issued by Ministry of Power, Government of India and amended from time to time, for setting up of Wind-Solar Hybrid Power Project of 150 MW with additional 150 MW capacity under Greenshoe option. Powered by Capital Market - Live

CESC will hold a meeting of the Board of Directors of the Company on 10 January 2025.Powered by Capital Market - Live

CESC will hold a meeting of the Board of Directors of the Company on 10 January 2025.Powered by Capital Market - Live

The LoA has been issued by NPCL to Purvah, following the response submitted by Purvah on the request for selection document issued by NPCL in terms of the 'Guidelines for Tariff Based Competitive Bidding Process for procurement of power from grid connected wind solar hybrid project' dated August 21, 2023 issued by Ministry of Power, GoI and amended from time to time. The project involves the supply of 300 MW of wind-solar hybrid power on a long-term basis. The power purchase agreement to be signed will remain valid for 25 years from the scheduled commencement of supply. CESC is a fully integrated electrical utility company. The company's other business segments include power, organized retailing, property development, and business process outsourcing. The company's consolidated net profit increased 1.40% to Rs 353 crore in Q2 FY25 as compared with Rs 348 crore recorded in Q2 FY24. Net sales rose 8% YoY to Rs 4700 crore in Q2 FY25. Shares of CESC shed 0.70% to Rs 183.80 on the BSE. Powered by Capital Market - Live

The domestic equity benchmarks traded with moderate losses in early trade. The Nifty traded below the 23,550 mark. IT, realty and consumer durables shares declined while pharma, PSU bank and oil & gas stocks advanced. At 09:30 IST, the barometer index, the S&P BSE Sensex declined 413.95 points or 0.53% to 77,834.18. The Nifty 50 index dropped 99.25 points or 0.42% to 23,545.65. In the broader market, the S&P BSE Mid-Cap index fell 0.52% and the S&P BSE Small-Cap index declined 0.35%. The market breadth was negative. On the BSE, 1,218 shares rose and 1,656 shares fell. A total of 134 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 1,893.16 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 2,173.86 crore in the Indian equity market on 30 December 2024, provisional data showed. Stocks in Spotlight: CESC shed 0.49%. The company's subsidiary, Noida Power company, issued a letter of acceptance (LoA) to another subsidiary of the company, Purvah Green Power Private for supply of 300 MW wind-solar hybrid power on long- term basis. Jubilant Ingrevia rose 0.98%. The company's subsidiary, Jubilant Infrastructure (JIL) plans to acquire 6.67% stake in Forum I Aviation Private (FAPL) from Hero Fincorp & Sunil Kant Munjal. Post acquisition, JIL will hold 15.79% equity shares in FAPL. Shriram Properties advanced 1.97% after the company announced strategic sale of around 3.9 acre land parcel in Chennai to a large healthcare and educational group in South India. Numbers to Track: The yield on India's 10-year benchmark federal paper slipped 0.14% to 6.876 as compared with the previous close of 6.886. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 85.6000, compared with its close of 85.5250 during the previous trading session. MCX Gold futures for the 5 February 2025 settlement shed 0.04% to Rs 76,228. The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.15% to 107.97. The United States 10-year bond yield declined 0.57% to 4.519. In the commodities market, Brent crude for February 2025 settlement added 39 cents, or 0.53% to $74.38 a barrel. Global Markets: Asian shares traded mixed on the final trading day of the year as China's manufacturing Purchasing Managers' Index (PMI) dipped to 50.1 in December, according to the National Bureau of Statistics, slightly below the 50.3 recorded in November. South Korea's consumer inflation accelerated in December, rising 1.9% year on year. CPI came in at 1.5% in November. On a month-on-month basis prices rose 0.4%. US stocks concluded Monday with losses, signaling a subdued end to a year of robust performance on Wall Street. The S&P 500 declined 1.1%, the Dow Jones Industrial Average shed 1%, and the NASDAQ Composite fell 1.2%. Boeing shares fell more than 2% after a devastating air accident in South Korea claimed the lives of 179 people on Sunday when a passenger plane crash-landed at Muan International Airport. Later this week, investors will closely examine the Institute for Supply Management's manufacturing activity survey for December and the weekly report on jobless claims. These data points will precede the crucial Powered by Capital Market - Live

Noida Power Company (NPCL), a subsidiary of CESC has issued the Letter of Award to Purvah Green Power (Purvah), another subsidiary of CESC, pursuant to the response submitted by Purvah on the Request for Selection document issued by NPCL in terms of the 'Guidelines for tariff Based Competitive Bidding Process for procurement of Power from Grid Connected Wind Solar Hybrid Project' dated 21 August 2023 issued by Ministry of Power, GoI and amended from time to time, for supply of 300 MW Wind-Solar Hybrid Power on long term basis. The power purchase agreement to be signed will remain in force for a period of 25 years from the scheduled commencement of supply date. The aforesaid Wind-Solar Hybrid Power Project of 300 MW is under tariff based competitive bidding and is on an arm's length basis and in the ordinary course of business. Powered by Capital Market - Live