RP Sanjiv Goenka Group, CESC reported a near 37% growth in its net profit for the third quarter of the current fiscal at the backing of efficient coal management and high plant load factor.
The company?s net profit for the quarter to December rose 36.48% year-on-year to R101 crore from R74 crore during the same period in 2012 fiscal. Profit before tax for the period grew 38% y-o-y to R127 crore from R92 crore during the corresponding period last fiscal.
Sanjiv Goenka, chairman of the RP Sanjiv Goenka Group, said CESC has charted investment plans of R4,400 crore in thermal and hydel power sectors.
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