PTC India net profit slips 7 per cent to Rs 97 crore in Q3
Power trading solutions provider PTC India on Wednesday reported over 7 per cent fall in its consolidated net profit to Rs 97.04 crore for the December 2023 quarter, impacted by higher expenses.
It had clocked a net profit of Rs 104.48 crore in the year-ago period, the company said in an exchange.
The company’s total income, however, increased to Rs 3,483.93 crore from Rs 3,146.91 crore a year ago.
Its expenses surged to Rs 3,353.09 crore from Rs 3,003.86 crore in the third quarter last fiscal.
