CESC Reports Q4 Profit Growth Amid Margin Compression
Kolkata-based power utility CESC Ltd reported a 17.4% year-on-year rise in net profit to ₹439 crore for the fourth quarter ending March, despite facing mounting operational challenges. The company, which provides electricity distribution and generation services, saw its total revenue grow by 5.6% during the same period. However, investor sentiment remained cautious as shares fell…