CESC Q1 FY27: Renewables Scale-Up Meets Steady Utility Cash Flows

Consolidated gross revenue was Rs 5,559 crore, EBITDA was Rs 1,149 crore, and PAT was Rs 419 crore in Q1 FY27.

Standalone gross revenue was Rs 3,024 crore and PAT was Rs 220 crore in Q1 FY27.

Purvah Green signed an SPA with ReNew to acquire a 1,411 MWp operating solar portfolio (six SPVs) for an enterprise value of about Rs 4,859 crore, with estimated annual revenue of about Rs 600 crore.

The transaction is expected to complete before 31 Oct 2026, as stated in the presentation.

Purvah Green stated 4.5 GWp contracted capacity (including operational and under implementation) and a long-term vision of 10 GW.

NPCL sales were 1,169 MU with T and D loss reduced to 8.5 percent and PAT of Rs 52 crore. Chandigarh Power sales were 435 MU with revenue of Rs 280 crore and PAT of Rs 9 crore. Rajasthan DF consolidated T and D loss reduced to 9.21 percent.

The board declared an interim dividend of Rs 6 per share (600 percent).