PTC India Financial Services Ltd (PFS) has reported a Rs. 36.76-crore net profit for the last quarter of FY19, against a loss of Rs. 264.68 crore in the same quarter of FY18.
The PFS board has also recommended a dividend of 8 per cent or Rs. 0.80 per share.
“Last year was challenging for the financial sector as a whole and for NBFCs in particular,” said Pawan Singh, MD and CEO of PFS. “Our position continued to focus on improving our consolidated portfolio quality, to execute better yields structured finance to corporates of good credit standings and to explore new areas for generation of fees based income.”
