CESE Cesc Eqty Shs

RNS Number:1942A
CESC Ld
28 June 2004


The following is a preliminary announcement of the result of the Company's 
operations for the year ended 31 March 2004:

                                                                      (Rs. Lacs)
                                                           2003-2004   2002-2003 

Profit before Depreciation & Taxation (PBDT)               38913.26    33035.00
Depreciation                                              (29623.70)  (32272.65)
Profit before appropriations / adjustments                  9289.56      762.35
Special Appropriation Adjustments                           (345.00)          -
Provision for taxation                                      (715.00)     (60.05)
Exceptional item on settlement of principal amount of 
  loan                                                     10480.15      271.76
Transfer to Capital Reserve                               (10480.15)    (271.76)
Profit before Contingencies Reserve Appropriation &
  other Special Appropriation                               8229.56      702.30
Appropriation to Contingencies Reserve                     (1175.00)   (1225.00)
Other Special Appropriation                                (2081.00)          -
Profit/(Loss) after Contingencies Reserve Appropriation
  and other Special Appropriation                            4973.56    (522.70) 
Transfer - Other Special Appropriation                       2081.00          -
Profit/(Loss) after appropriations / adjustments             7054.56    (522.70)

An Aggregate sum of Rs. 15593 lakhs lying in various reserves is proposed to be 
transferred to General Reserve and at the end of the year, Reserves (excluding
Revaluation Reserve) amount to Rs.100932 lakhs inclusive of Rs.15993 lakhs in
General Reserve.

No dividend has been recommended by the Board of Directors for the year 2003-04.




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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