PTC India Q1 results: Net profit rises 33% to Rs 189 cr on lower expenses
Power trading solutions provider PTC India on Tuesday posted about 33 per cent rise in its consolidated net profit to Rs 189 crore in the June quarter due to lower expenses.
"Consolidated Profit After Tax (PAT or net profit) in Q1-FY25 was Rs 189 crore compared to Rs 143 crore in Q1 FY24, an increase of 33 per cent," a company statement said.
The total expenses came down to Rs 4,486.14 crore in the quarter from Rs 4,603.93 crore a year ago.
The earnings per share (EPS) of the company increased to Rs 5.87 in Q1 FY25 compared to Rs 4.39 in Q1 FY24.
The trading volume was 20.5 BUs (billion units) in Q1-FY25 compared to 20.6 BUs in Q1 FY24.
Consulting income for Q1 FY25 stood at Rs 11 crore. The core margin was 3.50 paisa per unit.
Manoj Kumar Jhawar, Chairman and Managing Director (Addl Charge) and Director (Commercial & Operation), PTC India, said, "The unusual changes in demand pattern, partly due to extreme weather conditions during the quarter saw high electricity demand and ...
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