Electric Utilities company PTC India announced Q3FY25 results Consolidated Profit Before Tax (PBT) in Q3FY25 was Rs 225.53 crore compared to Rs 130.86 crore in Q3FY24. Consolidated Profit After Tax (PAT) in Q3FY25 was Rs 181.11 crore compared to Rs 97.04 crore in Q3FY24. Manoj Kumar Jhawar, Chairman & Managing Director, PTC India, said: "Growth has been witnessed across all segments of electricity trading in the third quarter of FY25. has been observed. The growth has been driven by short-term segments (bilateral & exchange) of electricity trading. The short term constitutes 59% of PTC’s total trading volume for 9M indicating increased preference of market participants for the shorter end contracts including bilateral market. We expect to see hardening of electricity demand in sync with GDP growth rate. The new business drivers for the sector will be renewable energy, storage solutions and consulting offerings. We expect to penetrate deeper into the opportunity space. Identified focus on growth drivers will maintain our leadership position." Result PDF
Electric Utilities company PTC India announced H1FY25 & Q2FY25 results Q2FY25 Standalone Financial Highlights: The Standalone Total Income for Q2FY25 increased by 19% to Rs 197.37 crore primarily on account of an increase in net surcharge income by 115% compared to Q2FY24. The standalone Profit Before Tax (PBT) in Q2FY25 is marginally lower by 6%, at Rs 156.55 crore, from the corresponding quarter of last financial year. The trading Volume is up by 13% in Q2FY25 to 24,039 MU compared to 21,326 MUs in Q2FY24. Consulting income for Q2FY25 stood at Rs 10.30 crore. Core trading margin stood at 3.60 paisa per unit. Q2FY25 Consolidated Financial Highlights: Consolidated Profit After Tax (PAT) in Q2FY25 was Rs 233.38 crore compared to Rs 202.31 crore in Q2FY24, an increase of 16%. EPS of the company increased to Rs 7.34 in Q2FY25 compared to Rs 6.31 in Q2FY24. H1FY25 Financial Highlights: Consolidated Profit After Tax (PAT) in H1FY25 was Rs 423.26 crore compared to Rs 345.01 crore in H1FY24. Standalone Profit Before Tax (PBT) in H1FY25 was Rs 300.21 crore compared to Rs 286.16 crore in H1FY24. Standalone Profit After Tax (PAT) in H1FY25 was Rs 222.81 crore compared to Rs 223.18 crore in H1FY24. The trading Volumes in H1FY25 was 44,503 MU compared to 41,885 MU in H1FY24, an increase of 6%. Core margin stood at Rs 3.55 paisa per unit in H1FY25. Manoj Kumar Jhawar, Chairman & Managing Director, PTC India, said: "A healthy mix of volume from trades across different tenures has contributed to the growth of 13% in trading volume in Q2FY25. The short-term has contributed 56% of the volume and balance has been contributed by medium- & long-term contracts. We expect to see firm electricity demand in sync with GDP growth rate. The new business drivers for the sector will be the renewable energy, storage solutions and consulting offerings. We expect to penetrate deeper into the opportunity space around identified growth drivers and maintain our leadership position." Result PDF