CESC LTD Announces Quarterly Results (2QFY20); Net Profit Up 1.5%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

CESC LTD Announces Quarterly Results (2QFY20); Net Profit Up 1.5%
Fri, 15 Nov

CESC LTD has announced its results for the quarter ended September 2019. Here is a detailed performance review of the same:

CESC LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Sep-18*
3
Jun-19*
3
Sep-19*
QoQ ChangeYoY Change
Net SalesRs m22,20023,59022,460-4.8%1.2%
Other incomeRs m280230930304.3%232.1%
TurnoverRs m22,48023,82023,390-1.8%4.0%
ExpensesRs m17,09019,17017,830-7.0%4.3%
Gross profitRs m5,4804,9404,630-6.3%-15.5%
DepreciationRs m1,1101,0901,080-0.9%-2.7%
InterestRs m1,2001,3001,270-2.3%5.8%
Profit before taxRs m3,4502,7803,21015.5%-7.0%
TaxRs m740610460-24.6%-37.8%
Profit after taxRs m2,7102,1702,75026.7%1.5%
Gross profit margin%24.720.920.6
Effective tax rate%21.421.914.3
Net profit margin%12.19.111.8
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 1.2% on a year-on-year (YoY) basis. The expenses were up by 4.3% YoY during the same period.
  • The company's operating profit declined by 15.5% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.6% in 2QFY20 as against 24.7% in 2QFY19.
  • Depreciation charges declined by 2.7% and finance costs increased by 5.8% YoY, respectively.
  • Other income increased by 232.1% YoY during the quarter.
  • Net profit for the quarter increased by 1.5% YoY. Net profit margins during the quarter declined from 12.1% in 2QFY19 to 11.8% in 2QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 4.8% on a quarter-on-quarter (QoQ) basis. The expenses were down by 7.0% QoQ during the same period.
  • The company's operating profit declined by 6.3% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 20.6% in 2QFY20 as against 20.9% in 1QFY19.
  • Net profit for the quarter increased by 26.7% QoQ, while net profit margins increased from 9.1% in 1QFY19 to 11.8% in 2QFY20.

To see how CESC LTD has performed over the last eight quarters,please visit here.

These 3 'Cash Codes' Generated Rs 55,400 in A Single Day - Click for more details

CESC LTD Share Price Performance

Over the last one year,CESC LTD share price has moved up from Rs 682.9 to Rs 764.0, registering a Gain of Rs 81.2 or around 11.9%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,923.2 (up 0.0%). Over the last one year it has moved down from 1,959.5 to 1,923.2, a gain of 36 points (down 1.9%).

Overall, the S&P BSE SENSEX is up 15.3% over the year.

Current Valuations

At the current price of Rs 764.0, the price to earnings (P/E) ratio of CESC LTD stands at 13.1 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 1.2 times.

Equitymaster requests your view! Post a comment on "CESC LTD Announces Quarterly Results (2QFY20); Net Profit Up 1.5%". Click here!

  

Related Views on News

CESC LTD Announces Quarterly Results (1QFY20); Net Profit Up 19.2% (Quarterly Result Update)

Aug 26, 2019 | Updated on Aug 26, 2019

For the quarter ended June 2019, CESC LTD has posted a net profit of Rs 2 bn (up 19.2% YoY). Sales on the other hand came in at Rs 24 bn (up 9.3% YoY). Read on for a complete analysis of CESC LTD's quarterly results.

CESC LTD Announces Quarterly Results (4QFY19); Net Profit Up 5.8% (Quarterly Result Update)

May 21, 2019 | Updated on May 21, 2019

For the quarter ended March 2019, CESC LTD has posted a net profit of Rs 3 bn (up 5.8% YoY). Sales on the other hand came in at Rs 17 bn (down 7.4% YoY). Read on for a complete analysis of CESC LTD's quarterly results.

CESC LTD 2017-18 Annual Report Analysis (Annual Result Update)

Mar 26, 2019 | Updated on Mar 26, 2019

Here's an analysis of the annual report of CESC LTD for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of CESC LTD. Also includes updates on the valuation of CESC LTD.

More Views on News

Most Popular

My Latest Stock Recommendation(Fast Profits Daily)

Jan 10, 2020

The story behind my latest stock recommendation and an important announcement.

Saffron Curtain = Hindutva Rate of Growth?(The Honest Truth)

Jan 8, 2020

Will the Indian economy revert to a sub-3% growth rate?

Multibaggers of the Next Decade(The 5 Minute Wrapup)

Jan 6, 2020

The one key ingredient to be seen amongst top multibaggers of the next decade

Your Safe Income Options for 2020(Fast Profits Daily)

Jan 9, 2020

What are you safest investing options in 2020 when interest rates fall.

I Made a Killing in the Markets this Week... Here's How(Profit Hunter)

Jan 10, 2020

How we made a killing in the markets amidst geopolitical tension and war mongering.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get our special report, Secret to Increasing Your Trading Profits Today Now!
We will never sell or rent your email id.
Please read our Terms

CESC LTD SHARE PRICE


Jan 17, 2020 (Close)

TRACK CESC LTD

  • Track your investment in CESC LTD with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

CESC LTD - ADANI POWER COMPARISON

COMPARE CESC LTD WITH

MARKET STATS