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PTC India Financial Services reports 23% fall in Q1 net profit

30 Aug 2018 Evaluate

PTC India Financial Services has reported results for first quarter ended June 30, 2018.

The company has reported 22.75% fall in its net profit at Rs 55.93 crore for the quarter under review as compared to Rs 72.40 crore for the same quarter in the previous year. However, total income of the company increased by 8.35% at Rs 325.19 crore for Q1FY19 as compared Rs 300.13 crore for the corresponding quarter previous year.

PTC India Financial Services is an Indian non-banking financial institution. The company makes principal investments in, and provides financing solutions for, companies with projects across the energy value chain.

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