PTC India reports 10.96% slide in Q2 net profit

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

12 Nov 2011 Evaluate

PTC India has reported unaudited results for the first quarter ended September 30, 2011.

The company has reported quarterly profit after tax (PAT) slide by 10.96% to Rs 35.57 crore against Rs 39.95 crore in the same period a year ago. Its total income decreased by 3.25% at Rs 2389.05 crore for the quarter under review from Rs 2469.33 crore for the same quarter last 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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