Sanjiv Goenka  Photo: Subrata MajumderFive years after Sanjiv Goenka stepped out of RPG’s shadow, a major shift in strategy is underway as flagship company CESC moves focus from power generation to distribution.

Kolkata-based power company CESC posted a marginal rise of 1.6% in its net standalone profit at Rs 248 crore for the quarter ended March 31, 2016. During January-March of 2016, the company's net income rose by 4.4% to Rs 1,479 crore as against Rs 1,416

A year after the historic e-auction of mines, coal mining is back to where the trouble began - legal and regulatory tussle.

News of CESC’s subsidiary bagging rights to the Pune Indian Premier League team has not gone down well with the Street. The stock has lost about seven per cent in the last three trading sessions.

Shares of CESC were up over 3% at Rs 545 on the Bombay Stock Exchange after the company reported increase in net profit on the back of lower fuel costs.

Spencer's Retail, a subsidiary of CESC Ltd, has reported a net loss of Rs 114 crore for 2014-15 fiscal.

R P Sanjiv Goenka group flagship power company CESC has posted a near-flat net profit of Rs 244 crore in the quarter ended March 31, 2015 compared to Rs 243 crore in the corresponding period of last fiscal.

CESC is also planning to develop an residential cum commercial complex at Haldia with an investment of Rs 150 crore.

RP Sanjiv Goenka group flagship company CESC is planning a hike in power tariffs for its distribution area from April, 2015 to compensate the cost escalation in Haldia power project, which became commercially operational today.

The RP-Sanjiv Goenka Group flagship power company CESC has posted a 12.28 per cent rise in net profit at Rs 192 crore for the quarter ended September, 2014 compared to a net profit of Rs 171 crore during the corresponding period last year.

The R P-Sanjiv Goenka group flagship power company, CESC, is set to commission a Rs 4,600-crore thermal power plant at Haldia in West Bengal shortly.

Mysore-headquartered Chamundeswari Electricity Supply Company (CESC) has taken up the restoration of power supply in the hurricane Hudhud-affected areas of Andhra Pradesh.

RP Sanjiv Goenka group's flagship power generation and distribution company, CESC, has decided to raise up to $150 million or about Rs 913 crore through a private placement.

The RP-Sanjiv Goenka Group flagship company CESC has posted a 5.08% drop in net profit at Rs 243 crore for the quarter ended March, 2014 compared to a net profit of Rs 256 crore during the corresponding period last year.

CESC's steady cash generating utility (stand-alone) business will benefit from the recent power tariff hike (the benefit will get reflected in the Q4 results).

The RP-Sanjiv Goenka group flagship, CESC, may have sought a steep 18% hike in tariff for the fiscal 2014-15, but state-run utility, the West Bengal State Electricity Distribution (WBSEDCL) is in a bind to reduce tariff.

Power utility CESC Ltd has sought a sharp hike of 18 per cent in average tariff to Rs 7.55 a unit from the regulator for the financial year 2014-15."CESC has filed petition for new tariff for three consecutive years from 2014-15, 2015-16 and 2016-17

The depreciation of rupee has hit RP-Sanjiv Goneka group flagship company CESC with a cost overrun of about Rs 800 crore in commissioning two new power projects in Chandrapur and Haldia.

The power sector has witnessed significant correction in valuation on the back of concerns over issues relating to fuel supply and cost, weak financials of the SEBs as well as lower PLF.

Godrej Consumer Products Ltd (GCPL) posted a strong operating performance in Q2FY2014 with the revenues and profit after tax (PAT) growing by more than 20% year on year (YoY) each.