Power utility major CESC Ltd on Friday (October 17) reported a 20.4% year-on-year increase in net profit for the second quarter to ₹425 crore, up from ₹353 crore in the same period last year.

The company’s revenue for Q2 grew 12% to ₹5,267 crore, compared with ₹4,700 crore in the corresponding quarter of the previous year. Operating performance also improved, with EBITDA rising 18.4% to ₹1,061 crore from ₹896 crore a year earlier. EBITDA margin expanded to 20.1% from 19% in the same period last year.

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The board of directors has approved and declared an interim dividend of ₹6 per equity share (600% of the paid-up equity share capital).

The dividend will be payable to shareholders whose names appear in the Regi

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