The company had reported Rs 91 crore profit the year-ago period.
Total income from operations increased by 5 per cent to Rs 2,823.24 crore during the period under from Rs 2,751.47 crore in the corresponding period of the last financial year, PTC India said in a BSE filing.
PTC India said it plans to divest a part of its long-term investment in Teesta Urja Limited (TUL) so that Government of Sikkim can acquire 51 per cent against its present holding of 26 per cent.
The company has further made provision of Rs 2.6 crore on the balance of its holding.
Shares of PTC India closed at Rs 93.60, down 2.90 per cent on the BSE.
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