PTC India Q2 net up 56% to Rs 96 crore

State-run PTC India, a leading provider of power trading solutions, today reported 56% surge in net profit at Rs 96 crore for the quarter ended September.

The company had reported a net profit of Rs 62 crore in the July-September quarter of last fiscal, PTC India said in a statement.

Total revenue stood at Rs 4,212 crore, up 34% from Rs 3,140 crore in second quarter of 2013-14 fiscal.

"We continue to consolidate our core business of power trades in various customer and temporal segments. During the period, we strengthened our position in the long-term and cross-border power trades," PTC India CMD Deepak Amitabh said.