CESC LTD Announces Quarterly Results (3QFY19); Net Profit Down 117.5%

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 (3QFY19); Net Profit Down 117.5%
Wed, 13 Feb

CESC LTD has announced its results for the quarter ended December 2018. Here is a detailed performance review of the same:

CESC LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-17*
3
Sep-18*
3
Dec-18*
QoQ ChangeYoY Change
Net SalesRs m17,06022,20017,070-23.1%0.1%
Other incomeRs m43028045060.7%4.7%
TurnoverRs m17,49022,48017,520-22.1%0.2%
ExpensesRs m13,92017,09015,050-11.9%8.1%
Gross profitRs m3,8405,4802,020-63.1%-47.4%
DepreciationRs m1,0901,1101,090-1.8%0.0%
InterestRs m1,2101,2001,170-2.5%-3.3%
Profit before taxRs m1,9703,450210-93.9%-89.3%
TaxRs m430740480-35.1%11.6%
Profit after taxRs m1,5402,710-270-110.0%-117.5%
Gross profit margin%22.524.711.8
Effective tax rate%21.821.4228.6
Net profit margin%8.812.1-1.5
* 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 0.1% on a year-on-year (YoY) basis. The expenses were up by 8.1% YoY during the same period.
  • The company's operating profit declined by 47.4% YoY during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.8% in 3QFY19 as against 22.5% in 3QFY18.
  • Depreciation charges increased by 0.0% and finance costs declined by 3.3% YoY, respectively.
  • Other income increased by 4.7% YoY during the quarter.
  • Net profit for the quarter declined by 117.5% YoY. Net profit margins during the quarter declined from 8.8% in 3QFY18 to -1.5% in 3QFY19.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 23.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 11.9% QoQ during the same period.
  • The company's operating profit declined by 63.1% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 11.8% in 3QFY19 as against 24.7% in 2QFY18.
  • Net profit for the quarter declined by 110.0% QoQ, while net profit margins declined from 12.1% in 2QFY18 to -1.5% in 3QFY19.

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

CESC LTD Share Price Performance

Over the last one year, CESC LTD share price has moved up from Rs 1,035.9 to Rs 681.0, registering a Loss of Rs 354.9 or around 34.3%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,769.9 (down 0.1%). Over the last one year it has moved down from 2,273.7 to 1,769.9, a gain of 504 points (down 22.2%).

Overall, the S&P BSE SENSEX is up 5.8% over the year.

Current Valuations

At the current price of Rs 681.0, the price to earnings (P/E) ratio of CESC LTD stands at 12.6 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.8 times.

Equitymaster requests your view! Post a comment on "CESC LTD Announces Quarterly Results (3QFY19); Net Profit Down 117.5%". Click here!

  

Related Views on News

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

Nov 15, 2019 | Updated on Nov 15, 2019

For the quarter ended September 2019, CESC LTD has posted a net profit of Rs 3 bn (up 1.5% YoY). Sales on the other hand came in at Rs 22 bn (up 1.2% YoY). Read on for a complete analysis of CESC LTD's quarterly results.

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 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

Could this Smallcap Be the Next Page Industries?(Profit Hunter)

Nov 27, 2019

A single stock - Coca Cola, made Buffett billions. Here's your chance to break into the crorepati club with a single smallcap stock investment.

How We Made 12.68% in One Overnight Trade(The 5 Minute Wrapup)

Nov 25, 2019

This one trade had my subscribers laughing all the way to the bank.

Growth Stocks or Value Stocks... What Will Make You More Money in this Bull Market?(Profit Hunter)

Nov 28, 2019

Should you invest in growth stocks or value stocks to make strong returns in this market?

Two Trends to Look at as Sensex Crosses 41,000 Levels(Views On News)

Nov 26, 2019

The two trends that are playing out as Sensex touches new record high.

The Best Trading Strategy for Fast Profits

Nov 29, 2019

Vijay and I have decided to team up and bring you a unique offering never seen before in the Indian stock markets.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2020
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

CESC LTD SHARE PRICE


Dec 6, 2019 (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 8-QTR ANALYSIS

COMPARE CESC LTD WITH

MARKET STATS