New Delhi, May 23 (PTI) CESC Ltd on Thursday reported a 6.74 per cent fall in its consolidated profit to Rs 415 crore for the March quarter, supported by higher income.

It had clocked a net profit of Rs 445 crore in the year-ago period, the power company said in an exchange filing.

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The company's total income rose to Rs 3,460 crore in the quarter under review from Rs 3,208 crore in January-March FY23.

During the period under review, its expenses stood at Rs 3,613 crore, as against Rs 3,099 crore a year ago.

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For full year, the company's profit rose to Rs 1,447 crore from Rs 1,397 crore in FY 22-23, it said.

The board of the company also approved the appointment of Brajesh Singh as Managing Director (Generation) and Vineet Sikka as Managing Director (Distribution) for a period of five years with effect from May 28, 2024.

CESC is into generation, transmission, and distribution of electrical power.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)