PTC India has reported results for second quarter ended September 30, 2014.
The company has posted a rise of 55.74% in its net profit at Rs 96.31 crore for the quarter ended September 30, 2014 as compared to Rs 61.84 crore for the same quarter in the previous year. Total income has increased by 34.74% at Rs 4256.46 crore for quarter under review as compared to Rs 3159.07 crore for the quarter ended September 30, 2013.
PTC India acts as intermediary between buyer and sellers of power. In case of cross-border trading, the company plays the role of a nodal agency. It offers advisory services for setting up independent power producing plants.
| Company Name | CMP |
|---|---|
| NTPC | 393.65 |
| Tata Power | 427.45 |
| Adani Power | 198.40 |
| Power Grid Corp | 318.05 |
| Torrent Power | 1565.30 |
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