PTC India has reported results for first quarter ended June 30, 2016.
The company has registered 13.47% jump in its net profit at Rs 56.45 crore for the quarter as compared to Rs 49.75 crore for the same quarter in the previous year. Total income of the company increased by 13.54% at Rs 3684.05 crore for quarter under review as compared to Rs 3244.74 crore for the quarter ended June 30, 2015.
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.
