CESC (CESC) Q4 24/25 earnings summary

Executive summary

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, were approved, showing growth in revenue and net profit year-over-year.

• Appointment of M/s. Anjan Kumar Roy & Co. as Secretarial Auditor for five years, subject to AGM approval.

• Voluntary liquidation of non-material subsidiary Au Bon Pain Cafe India Limited initiated, with no impact on core business.

Financial highlights

• Standalone revenue from operations for FY25 was ₹9,584 crore, up from ₹8,606 crore in FY24; net profit for FY25 was ₹800 crore, up from ₹775 crore in FY24.

• Consolidated revenue from operations for FY25 was ₹17,001 crore, up from ₹15,293 crore in FY24; consolidated net profit for FY25 was ₹1,428 crore, slightly down from ₹1,447 crore in FY24.

• Standalone EPS for FY25 was ₹6.03, up from ₹5.85 in FY24; consolidated EPS for FY25 was ₹10.32, nearly flat from ₹10.38 in FY24.

• Interim dividend of ₹4.50 per share declared and paid during the quarter.

Outlook and guidance

• Regulatory income and tariff orders continue to impact results; appeals filed against certain regulatory deviations, with management confident of favorable outcomes.

• New Electricity Distribution Rules, 2024, have been implemented and complied with.