Final Results
26/04/2006 12:19pm
UK Regulatory
RNS Number:0029C
CESC Ld
26 April 2006
To: RNS
Further to our letter dated 17 April 2006, we enclose for your record a copy
of the Unaudited Financial Results (Provisional) of the Company for the
quarter ended 31 March, 2006 which have this day been taken on record in
accordance with the Listing Agreement entered into with your Exchange.
From: Company Secretary
CESC Limited
CESC
LIMITED
Registered Office: CESC House, Chowringhee Square, Kolkata 700 001
Unaudited Financial Results (Provisional) for the three months/year ended
31 March, 2006
Particulars Three months Three months Year ended Year ended
ended ended ended ended
31.03.2006 31.03.2005 31.03.2006 31.03.2005
(Unaudited) (Unaudited) (Unaudited) (Audited)
(1) (2) (3) (4)
Rs. Crores
Net Sales 584 563 2508 2321
Other Income 21 19 71 66
Total Income 605 582 2579 2387
Total Expenditure :
(a) Fuel Cost 194 184 833 760
(b) Personnel Cost 58 60 237 225
(c) Power Purchase 48 44 252 226
(d) Others 140 131 604 468
(e) Interest 56 53 205 256
(f) Depreciation 61 71 252 292
Profit before tax 48 39 196 160
Provision for Taxation
Current & Fringe Benefits Tax 4 0 17 13
Profit after tax 44 39 179 147
Paid-up Equity Share Capital 83 75 83 75
(Shares of Rs.10 each)
Reserves (excluding Revaluation
Reserve of Rs.256 Crores) as
per latest audited Balance Sheet
as on 31 March 2005 1208
EPS (Rs) - Basic
(*not annualised) 5.35* 5.24* 22.84 20.48
- Diluted
(*not annualised) 5.33* 5.24* 22.80 20.48
Aggregate of Non-Promoter
Shareholding
No. of Equity Shares 498 lakhs 428 lakhs
Percentage of Shareholding 60.49% 57.54%
Notes :
1. Net Sales have been determined in accordance with the applicable orders of
the Hon'ble West Bengal Electricity Regulatory Commission.
2. As stated in the relevant notes on the latest audited accounts for the year
2004-05, certain accounting standards issued by the Institute of Chartered
Accountants of India are not considered adoptable by the Company in view of the
requirements of the applicable Electricity Laws. Auditors' Report on the said
accounts referred to this position. The Company, in view of consistently
followed past practice compatible with the nature of its business, has followed
the same basis of accounting in respect of the above matter, the financial
impact of which pertaining to the results contained in columns 1 and 3 above and
not readily ascertainable.
3. The Company is engaged in generation and distribution of electricity and does
not operate in any other reportable segment.
4. Out of 12 investor complaints received during the quarter, 2 pending
complaints received on 31 March, 2006 have since been resolved.
5. Figures have been regrouped/rearranged, where necessary.
For CESC Limited
S. Banerjee
Dated : 26 April, 2005 Managing Director
This information is provided by RNS
The company news service from the London Stock Exchange
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