PTC India Ltd. (NSE: PTC) recently posted its fourth-quarter 2022 and fiscal year 2022 earnings results.
For the quarter, on a standalone basis, the company had total sales of ₹2,833 crores, indicating a decline of 21.2% on a year-over-year basis. PTC India had a net profit of ₹156 crores, which more than doubled on a year-over-year basis. Earnings per share were ₹5.27 compared to ₹2.14 in the same quarter of the prior year.
For the year, the company recorded total sales of ₹15,631 crores, down 7.9% YoY. Net profit stood at ₹425 crores, up 3.66% year-over-year, while earnings per share came in at ₹14.35 compared to ₹13.86 in the previous year.