PTC India Q3 Profit Surges 87% to Rs 181 Cr
PTC India's net profit rose 87% to Rs 181.11 crore in Q3 FY23, driven by lower expenses. Total income dipped slightly to Rs 3,425.26 crore.
New Delhi, Feb 12 (PTI) Power trading solutions provider PTC India on Wednesday posted about 87 per cent rise in consolidated net profit to Rs 181.11 crore in the December quarter due to lower expenses.
The company had posted a net profit of Rs 97.04 crore in the year-ago period, a BSE filing showed.
Total expenses declined to Rs 3,198.08 crore in the quarter from Rs 3,285.25 crore in the same period year ago.
Total income also dipped slightly to Rs 3,425.26 crore in the quarter from Rs 3,435.96 in the same period a year ago.
The company had posted a net profit of Rs 97.04 crore in the year-ago period, a BSE filing showed.
Total expenses declined to Rs 3,198.08 crore in the quarter from Rs 3,285.25 crore in the same period year ago.
Total income also dipped slightly to Rs 3,425.26 crore in the quarter from Rs 3,435.96 in the same period a year ago.
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