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PTC India Fin Q4 net doubles to Rs 110 cr on diversified loan portfolio

However, full-year profit at Rs 345 crore, down from Rs 391 crore in 2015-16

Press Trust of India  |  New Delhi 

PTC India Financial Services (PFS) has reported a 124 per cent rise in standalone net profit to Rs 110 crore for fourth quarter ended March 2017. The company's profit after tax or net profit during similar quarter of previous fiscal was at Rs 49 crore. Total income during January-March period rose to Rs 431.65 crore, as against Rs 269.98 crore a year ago, it said in a regulatory filing. For the full year, net profit was down at Rs 345.33 crore compared to Rs 391.09 crore in 2015-16. Income during the fiscal was higher at Rs 1,351.88 crore as against Rs 1,186.92 crore in ...

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First Published: Mon, May 22 2017. 21:48 IST
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