PTC India Q4 profit down 16% at Rs 54 cr
PTC India on Tuesday reported 16.32 per cent drop in standalone net profit at Rs 53.86 crore for the quarter ended March 31, 2019, mainly due to lower dividend from its subsidiaries.
The profit in the year-ago quarter stood at Rs 64.37 crore, as per a BSE filing.
A company official said PTC India got total dividend of Rs 8 crore from its subsidiaries PTC Energy and PTC Financial Services for 2018-19 as compared to Rs 62 crore in the previous fiscal.
Total income rose to Rs 2,673.25 crore in the latest quarter from Rs 2,179.08 crore in the year-ago period.
