ICICI Securities Ltd | Retail Equity Research CESC reported lower-than-expected Q3FY18 results mainly led by lower-than-expected revenues on account of lower energy sold at 234.5 crore units vs. our estimate of 253 crore units. The standalone generation was higher than our estimate at 135.7 crore units while purchase of electricity from subsidiary got impacted During Q3FY18, Haldia TPP operated at PLF of 87.1% and supplied 105.6 crore units to CESC licensed area, which was down QoQ. In the...