PTC India Ltd., formerly known as Power Trading Corporation of India Limited, is a Small Cap company that operates in the Power sector. Incorporated in 1999, the company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). PTC India serves clients with power trading solutions, cross-border power trading, and consultancy services. To cater to the changing dynamics of the sector, PTC is on the path of developing solutions and expanding offerings in the form of advisory, energy efficiency, and other associated services.
Financial Results:
PTC India Ltd.’s revenue in Q3FY23 fell 6% to ₹ 3,13,885 lakhs. Consolidated Profit After Tax came at ₹ 10,448 lakhs in Q3FY23 showcasing a 66% rise on an YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.