Results

~~ RP-Sanjiv Goenka , r, Group Growing Legacies £Acrcililll llns • Si,oee 18911 DOC:SEC:2033/2026-27/294 November 5, 2026 National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, BSE Limited G- Block, Bandra - Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Dalal Street, Mumbai - 400 051 Mumbai - 400 001 SCRIP CODE: CESC SCRIP CODE: 500084 Dear Sir/Madam, Outcome of Board Meeting held on November 5, 2026 We write to inform you that pursuant to Regulations 30, 33 and other applicable Regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the Board of Directors of the Company, at its meeting held today i.e., November 5, 2026, inter alia, has considered, approved and taken note of the Unaudited Financial Results (Standalone and Consolidated) of the Company, for the 2nd quarter and half-year ended on September 30, 2026 pertaining to the Financial Year-2026-27. A copy of the said results along with the Limited Review Report issued by the Statutory Auditors of the Company are enclosed herewith for your record as "Annexure-A". 'Wl\Jhe Meeting of the Board of Directors of the Company commenced at 10.30 a.m. (1ST) and l"concluded at .. .l.\.•..\.~ .... a.m. (1ST). You are requested to acknowledge the afore-mentioned infonnation and oblige. Yours faithfully, For CESC Limited ecretary & Compliance Officer Encl: As above CESC Limited CIN: L31901W81978PLC031411 J e-mail: ClliUffiited11I1rp·s_g_,!_11 ~egd. Office : CESC House, Chowringhee SQuare, Kolkata • 700 001, India T. .I • +OJ T'I '725 6040 F.11( • +91 <3 n2s '3405 Web, WWW cesc co in S.R. TLIBOI& o.LLP 22, Camac Street 3rd Floor, Block 'B' Chartered Accountants Kotkata -700 016, India Tel : +91 33 6134 4000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to the Regulation 33 and 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended Review Report to The Board of Directors CESC Limited 1. We have reviewed the accompanying statement of unaudited standalone financial results of CESC Limited (the "Company") for the quarter ended September 30, 2026 and year to date from April 1, 2026 to September 30, 2026 (the "Statement") attached herewith, being submitted by the Company pursuant to the requirements of Regulation 33 and 52(4) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the "Listing Regulations"). 2. The Company's Management is responsible for the preparation of the Statement in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 and 52(4) of the Listing Regulations. The Statement has been approved by the Company's Board of Directors. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India. This standard requires that we plan and perform the review to obtain moderate assurance as to whether the Statement is free of material misstatement. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For S.R. BATLIBOI & Co. LLP Chartered Accountants ICAI Firm registration number: 301003E/E300005 f>erNa_vin Agrawal Partner Membership No.: 056102 UDIN: 26056102EPEMWC2660 Place: Kolkata Date: November 5, 2026 S,R. Balliboi & Co. LLP, a Umited Liability Partnership with LLP Identity No. AAEk4294 Regd. Office: 22, Camac Street. Block 'B', 3rd Floor, Kolkata·700 016 CIN :L31901WB1978PLC031411 Registered Office: CESC House,Chowringhee Square, Kolkata 700 001 Email ID: secretarial@rpsg.in; Website: www.cesc.co.in . . . . . tr;; • ,T el:-(033) 2-2 .2 5 6040; Fax .: .( .0 33) 2225 3495 1■:..i1--.I . , . , . (Rs in crore) Three months Three months Three months Six months Six months Year ended ended ended ended ended ended Particulars 30.09.2026 30.06.2026 30 092025 30092026 30.09.2025 3103.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (1) (2) (3) (4) (5) (6) Income from operations Revenue from operations 2854 2983 2676 5837 5538 9732 Other income 60 41 53 101 97 207 Total income 2914 3024 2729 5938 5635 9939 Expenses Cost of energy purchased 1180 1268 1058 2448 2327 3904 Cost of fuel 456 458 402 914 813 1615 Purchase of Stock-in-trade 0 1 0 1 1 2 Employee benefits expense 297 286 287 583 559 1049 Finance costs 199 193 222 392 446 870 Depreciation and amortisation 143 141 169 284 338 678 Other expenses 322 402 331 724 711 1231 Total expenses 2597 2749 2469 5346 5195 9349 Profit before regulatory income and tax 317 275 260 592 440 590 Regulatory Income (net) 29 22 54 51 147 535 Profit before tax 346 297 314 643 587 1125 Tax Expenses:- Current Tax 101 90 99 191 185 363 Deferred Tax I (credit) (11) (13) (27) (24) (51) (90) Total tax expense 90 77 72 167 134 273 Profit for the period 256 220 242 476 453 852 Other comprehensive income Items that will not be reclassified to profit or loss Remeasurement of defined benefit plan (net of tax) 4 (9) (7) (5) (14) (37) Gain on fair Valuation of investment 0 Deferred Tax on above (0) Other Comprehensive income/(expense) for the period 4 (9) (7) (5) (14) (37) Total Comprehensive Income for the period 260 211 235 471 439 815 Paid-up Equity Share Capital 133 133 133 133 133 133 ( Face value of Re. 1/-each ) Other Equity 9584 Earnings Per Share (EPS) ( Rs.) -refer note S(ii) Basic & Diluted (not annualised) 1.93 1.66 1.83 3.59 3.41 6.43 Additional information as per Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Company has issued listed commercial papers which have remained outstanding as on 3oth September, 2026 and accordingly the following disclosures are being made as per Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Three months Three months Three months Six months Six months Year ended ended ended ended ended ended Particulars 30,09,2026 30,062026 30,09.2025 30092026 30,092025 31,032026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (1) (2) (3) (4) (5) (6) a Debt Equity Ratio 12 1,0 1,1 12 1.1 1,1 b (i) Debt Service Coverage Ratio (net of proceeds utilised for Refinancing) 2.9 04 1.2 2,0 1.2 1.2 (ii) Debt Service Coverage Ratio (net of Prepayments & proceeds utilised for Refinancing) 2,9 0,9 2,1 2.9 24 14 C Interest Service Coverage Ratio 3.0 2.9 2,8 2.9 2.8 [Showing first 8,000 characters — download PDF for full document]