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CESC Ltd share price ticked higher by 0.84% to Rs 162.45 after the company`s net profit slipped by 8.71% to Rs 419.0 crore, while revenue from operations increased sharply by 33.91% to Rs 5485.0 crore in Q2FY26 over Q1FY26. The market capitalization of Integrated Power Utilities industry group stocks on BSE stood at Rs 6.57 lakh crore, expanding by 26.44%. It has eased by 1.03% over last one week and eased lower by 7.33% in last one month while the market capitalization of CESC Ltd has eased by 0.03% and 9.78% in the same period respectively. Profit before tax (PBT) of CESC Ltd stood at Rs 546.0 crore in Q2 FY26, gaining 7.48% year-on-year, and nosediving by 16.39% quarter-on-quarter. EBITDA came in at Rs 821 crore, rising 5.12% YoY and jumping 26.89% sequentially. Total expenses jumped by 33.47% to Rs 4881.0 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 407.0 crore, soaring 22.59% YoY. For the TTM ended FY26, revenue from operations grew 11.17% to Rs 17001.0 crore, while net profit eased 1.31% to Rs 1428.0 crore, compared to previous TTM. EBITDA soared by 186200% to Rs 2315.0 crore, and PBT inched up 5.88% to Rs 1782.0 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 2581.0 crore in FY26, as against Rs 2352.0 crore in FY25. CESC Ltd declined by 1.49% in last one year, outperforming the benchmark BSE Sensex which has eased by 2.83% during the same period.

Purvah Green Power, the renewable energy platform of CESC, is set to acquire a 1.4 GWp operating solar portfolio from Renew Solar Power, held across six project special purpose vehicles in Rajasthan and Karnataka, at an enterprise value of Rs 4859 crore (USD 509 million at Rs 95.5/USD). The acquisition has been funded by the parent company. The transaction is among the largest acquisitions of operating solar assets in the Indian market and marks a decisive shift in the composition of Purvah`s portfolio - from a platform built primarily on projects under development to one anchored by assets already generating contracted cash flows. The acquired assets are operating projects with an established generation track record. More than 90% of the capacity is contracted with the Solar Energy Corporation of India (SECI) under long-term power purchase agreements, with the balance contracted with Karnataka distribution companies. All PPAs are over a 25-year tenure.Purvah`s contracted capacity stood at approximately 3.4 GWp prior to the transaction. Following completion, total contracted capacity rises to 4.8GWp, of which 1.8 GWp is operational and 3 GWp is tied-up, at various stages of construction. Additionally, 2.2 Gwh battery capacity is also tied-up and under implementation. The acquisition substantially increases the proportion of the portfolio that is already generating revenue and strengthening recurring cash flows well ahead of the commissioning schedule for the under-construction pipeline.

CESC will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Purvah Green Power (Purvah), a subsidiary of CESC, has received the Letter of Award (LOA) issued by Solar Energy Corporation of India (SECI) to Purvah on 05 August 2026, pursuant to Purvah`s response submitted on the Request for Selection for setting up of 2000 MW ISTS-Connected Wind Power Projects in India under Tariff-Based Competitive Bidding (SECI-Tranche-XX). The contract is for setting up of 175 MW Grid Connected Wind Power Project.

CESC will hold a meeting of the Board of Directors of the Company on 3 August 2026.