PTC India reports 27% fall in Q2 net profit

PTC India Ltd. | Power Generation/Distribution | Power | BSE: 532524 | NSE: PTC

14 Nov 2018 Evaluate

PTC India has reported results for second quarter ended September 30, 2018.

The company has reported 26.70% fall in its net profit at Rs 95.69 crore for the quarter under review as compared to Rs 130.54 crore for the same quarter in the previous year. However, total income of the company increased by 27.31% at Rs 4,600.05 crore for Q2FY19 as compared Rs 3,613.38 crore for the corresponding quarter previous year.

PTC India is engaged in the business of trading activities that includes long term trading of power generated from large power projects as well as short term trading in India.

Peers

Company Name	CMP
NTPC	326.20
Tata Power	366.80
Adani Power	203.00
Power Grid Corpn.	269.25
Adani Energy Solut.	1339.40
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