27 June 2011

FY2011 CESC audited consolidated results ::Angel Broking

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FY2011 CESC audited consolidated results
CESC’s consolidated net sales rose by 17.6% yoy to `4,942cr. The company’s power and
retail segments posted top-line growth of 18.6% and 9.4%, respectively. During the year,
power generation increased by 12%, which enabled the company to meet a 7% increase in
demand in its Kolkata License. As a result of increased power generation, the company’s
power purchase for the year reduced by 16.3% to 1,486MU. The power segment posted
PBT of `616cr, up 17.1% yoy. However, the retail segment continued to post PBT losses.
The losses for FY2011 stood at `286cr vs. `351cr in FY2010. Net profit for the year
registered growth of 78% yoy to `277cr in 2010–11 from `56cr in 2009–10.

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