CESC Ld - Results to 31/3/2000

RNS Number:8762J
CESC Ld
2 May 2000


Unaudited Financial Results (Provisional) for three months ended 31st March,
2000

                                 Three        Three        Year       Year
                                 Months       Months       ended      ended
                                 ended        ended        31.3.2000  31.3.99
                                 31.3.2000    31.3.99
                                (Unaudited) (Unaudited) (Provisional) (Audited)
                                              Rs. Crores

1  Net Sales                        397         413         1695        1625
2  Other Income                      13          23           79          76
   Total                            410         436         1774        1701

3  Total Expenditure                271         314         1268        1340
4  Interest                         107          73          381         296
5  Gross Profit after interest but
   before Depreciation and Taxation  32          49          125          65
6  Depreciation                      49          47          196         193
7  Provision for Taxation             0           0            0           0
8  Net Profit/(Loss)                (17)          2          (71)       (128)
9  Paid-up Equity Share Capital      58          58           58          58
10 Net Reserves (excluding 
   Revaluation Reserve of 
   Rs. 1409 Crores) as per
   Balance sheet of the previous
   accounting year                                                       456

Note:

Interest charge for the quarter ended 31.3.00 includes interest for Unit 2 of
Budge Budge Power Station consequent upon commencement of commercial generation
from July, 1999
                                              

                                                 For and on behalf of the Board

Dated 29th April 2000                                       S Banerjee
                                                            Managing Director

END
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