CESC Ltd, one of
the leading electric utilities companies in the country, will announce its
financial results for the fourth quarter ended March 31, 2016 on on May 19.
The company’s net profit to be at Rs.136 crore, which constitutes a rise of 21.4% qoq but a drop of 44.3% yoy.
The company is expected to register a net revenue of Rs.1,375 crore, falling at 10.6% qoq and 2.9% on yoy basis.
Operating profit margin of the company is likely to be at 25.0%, a growth of 562 bps qoq, while a drop of 671 bps yoy.
The company’s net profit to be at Rs.136 crore, which constitutes a rise of 21.4% qoq but a drop of 44.3% yoy.
The company is expected to register a net revenue of Rs.1,375 crore, falling at 10.6% qoq and 2.9% on yoy basis.
Operating profit margin of the company is likely to be at 25.0%, a growth of 562 bps qoq, while a drop of 671 bps yoy.
BUY CESC LTD ABOVE 555 TG 559,
563, 569 SL 549,
