Categories AlphaGraphs, Earnings, Energy

PTC India Ltd Q3FY24; 7% fall in Profits

PTC India Limited was established in 1999 by the Government of India as a Public-Private Initiative and is in the power trading business. It is promoted by Power Grid Corporation of India Limited (PGCIL), NTPC Limited (NTPC), Power Finance Corporation Limited (PFC) and NHPC Limited (NHPC).

Financial Results:

PTC India Ltd reported Revenues for Q3FY24 of ₹3,472.00 Crores up from ₹3,139.00 Crore year on year, a rise of 10.61%.

Total Expenses for Q3FY24 of ₹3,353.00 Crores up from ₹3,005.00 Crores year on year, a rise of 11.58%.

Consolidated Net Profit of ₹97.00 Crores down 6.73% from ₹104.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.68, down 13.55% from ₹3.10 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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