PTC India net down 27pc at Rs 95.69 Cr in July-September quarter


PTC India net down 27pc at Rs 95.69 Cr in July-September quarter

PTC India’s standalone net profit dipped 27 per cent to Rs Rs 95.69 crore for the quarter ended on September 30, 2018, compared to the year-ago period due to lower dividend income from subsidiaries.

The company’s standalone net profit was Rs 130.54 crore in the quarter ended on September 30, 2017, a BSE filing said. According to the statement, total revenue increased by 30 per cent to Rs 4,534.98 crore in the quarter as against Rs 3,488.42 crore year ago.

Electricity sales volumes increased by 32 per cent to 22,143 MUs (million units) in the quarter from 16,813 MUs year ago. Its operating margin increased by 25 per cent to Rs 91.09 crore in the second quarter from Rs 72.66 crore year ago. Read More

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