Hot Pursuit     21-Aug-24
CESC gains after arm incorporates Ecofusion Power
CESC advanced 1.41% to Rs 179.30 after the company’s wholly owned subsidiary, Purvah Green Power has incorporated a wholly owned subsidiary company named Ecofusion Power (EPPL) to enter into renewable sector.
EPPL will explore opportunity in renewable power sector.

EPPL has been incorporated as a WOS of Purvah. Accordingly, 100% of its shareholding is held by Purvah. The subscribed and paid-up capital of EEPL is Rs 1,00,000.

CESC is a fully-integrated electrical utility company. The company's other business segments include power, organized retailing, property development and business process outsourcing.

The company’s consolidated net profit increased 5.4% to Rs 388 crore in Q1 FY25 as compared with Rs 368 crore in Q1 FY24. Net sales jumped 12.8% YoY to Rs 4,863 crore in Q1 FY25.

Previous News
  CESC drops as PAT slides 6% YoY to Rs 265 crore in Q3
 ( Hot Pursuit - 10-Jan-25   16:04 )
  Board of CESC recommends interim dividend
 ( Corporate News - 10-Jan-25   15:55 )
  CESC consolidated net profit declines 5.69% in the December 2024 quarter
 ( Results - Announcements 10-Jan-25   15:09 )
  CESC arm Purvah bags wind-solar hybrid contract
 ( Hot Pursuit - 08-Jan-25   10:24 )
  CESC awards 150 MW wind-solar hybrid power project to Purvah Green Power
 ( Corporate News - 08-Jan-25   10:18 )
  CESC to discuss results
 ( Corporate News - 03-Jan-25   09:47 )
  CESC schedules board meeting
 ( Corporate News - 31-Dec-24   11:58 )
  CESC arm Purvah bags wind-solar hybrid contract
 ( Hot Pursuit - 31-Dec-24   09:59 )
  Barometers drop in early trade; breadth negative
 ( Market Commentary - Mid-Session 31-Dec-24   09:36 )
  NPCL awards 300 MW renewable energy project to Purvah
 ( Corporate News - 31-Dec-24   09:26 )
  Adani Green Energy Ltd Slips 1.68%
 ( Hot Pursuit - 05-Dec-24   09:30 )
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