PTC reports 13% fall in Q3 net profit

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

07 Feb 2019 Evaluate

PTC India has reported results for third quarter ended December 31, 2018.

The company has reported 12.89% fall in its net profit at Rs 51.34 crore for the quarter under review as compared to Rs 58.94 crore for the same quarter in the previous year. However, total income of the company increased by 8.01% at Rs 2935.23 crore for Q3FY19 as compared Rs 2717.46 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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