Financial results. PTC India Q4 net profit falls 17.67% to ₹129 crore

PTI Updated - May 27, 2023 at 06:04 PM.

Power trading solution provider PTC India Ltd on Saturday posted a 17.67 per cent fall in its consolidated net profit at ₹129.34 crore during the March quarter, dragged by higher expenses.

Its net profit was ₹157.11 crore during the January March quarter of FY22, the company said in a regulatory filing.

Also read: PTC India, Brookfield Renewables ink MoU for 100 MW solar power

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The company's total income, however, rose to ₹3,643.02 crore from ₹3,107.04 crore in the year-ago quarter.

Expenses too grew to ₹3,471.95 crore as against ₹2,890.57 crore a year ago.

Published on May 27, 2023 12:34
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