PTC India quarterly profit rises to Rs 44.57 cr
The company had a profit after tax of Rs 35.57 crore in the year-ago period
Power trading solutions provider PTC India today reported a 25% jump in profit after tax at Rs 44.57 crore for three months ended September.
The company had a profit after tax of Rs 35.57 crore in the year-ago period.
Total income from operations climbed to Rs Rs 2,792.96 crore in the latest September quarter from Rs 2,389.05 crore in the same period a year ago, the firm said in a statement.
In three months ended September 2012, PTC India said the volume of energy sold was the highest ever for any quarter.
As many as 9,428 million units of electricity were sold in the second quarter of current financial year as against 8,655 million units sold in the year-ago period.
"The total PPAs (Power Purchase Agreements) signed by the company as on September 30, 2012 are 14,402 MW (includes cross border trade).
"The cumulative MoUs as on September 30, 2012 are 14,205 MW," the statement said.
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First Published: Nov 08 2012 | 9:17 PM IST