ICICI Securities Ltd | Retail Equity Research PTC India reported a better-than-expected Q2FY17 operational performance. The beat was across volume growth and profitability Reported revenue was at | 4049.6 crore vs. our estimate at | 4294.8 crore. The key positive surprise came in from the 24% YoY volume growth at 1556.1 crore units vs. estimates of 1431.6 crore units. For H1FY17, total volume of power traded was at 2782.7 crore units EBITDA margins came in at 2.25% vs. our estimate of 1.5% in...