CNBC TV18
LIVE TV

Home

Latest News
Featured

Live TV

Market Live
Minis
Podcasts

CNBC-TV18 Specials

Photos
CNBC-TV18 Binge
Storyboard

Sections

Terms and Conditions

homevideos Newsinfrastructure NewsCESC Q4 results today: Profit likely to fall

CESC Q4 results today: Profit likely to fall

CESC will be reporting its quarterly earnings on Friday and analysts expect the company to report a fall in profits this time around

Profile image

By Anisha Jain  May 17, 2019 8:52:43 AM IST (Published)

Listen to the Article(6 Minutes)
CESC will be reporting its quarterly earnings on Friday and analysts expect the company to report a fall in profits this time around

  • In terms of standalone performance, the street is expecting revenue growth of around 10 percent, which would be around Rs 1,970 crore.
  • EBITDA margins are expected to expand around 400 basis points (bps) to come in at 18.2 percent versus around 14 percent last year and the profit after tax (PAT) is optically showing a decline of 18 percent as the number is Rs 240 crore versus Rs 290 crore. There was a one-off regulatory income last year of around Rs 280 crore and that is why the number is looking a bit skewed.
  • The expenses are expected to go down a bit and the lower expense might aide the margins.
    • Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

    Tags

    CESCearnings boardroomEarnings estimatesEarnings previewQ4FY19

    Lok Sabha Election 2024: Phase 5 voting concludes with over 57% voter turnout, experts weigh in on key battles

    May 20, 2024 11:07 PM

    BJP holds meeting in Delhi as polling underway for 5th phase

    May 20, 2024 4:21 PM

    UP Police arrests man after viral videos shows him voting multiple times

    May 20, 2024 2:18 PM

    Lok Sabha Election 2024 Phase 5: Over 57% voter turnout recorded, highest in West Bengal at 73%

    May 20, 2024 10:30 AM
    View More

    Most Read

    Share Market Live

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CurrencyPriceChange%Change