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PTC India reports marginal fall in Q2 consolidated net profit

10 Nov 2020 Evaluate

PTC India has reported results for second quarter ended September 30, 2020.

The company has reported 23.18% rise in its net profit of Rs 166.19 crore for the quarter under review as against net profit of Rs 134.90 crore for the same quarter in the previous year. Total income of the company increased 17.97% at Rs 5646.03 crore for Q2FY21 as compared Rs 4786.18 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 1.81% marginal fall in its net profit attributable to owners at Rs 182.49 crore for the quarter under review as against net profit of Rs 185.86 crore for the same quarter in the previous year. However, total income of the company increased by 14.82% at Rs 6011.39 crore for Q2FY21 as compared Rs 5235.66 crore for the corresponding quarter previous year.

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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