{"id":274401,"date":"2019-05-15T05:52:54","date_gmt":"2019-05-15T05:52:54","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=274401"},"modified":"2019-05-15T06:01:20","modified_gmt":"2019-05-15T06:01:20","slug":"ptc-india-q4-net-down-20-board-recommends-40-dividend","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ptc-india-q4-net-down-20-board-recommends-40-dividend\/","title":{"rendered":"PTC India Q4 net down 20%, Board recommends 40% dividend"},"content":{"rendered":"<p>PTC India has reported a \u20b9 53.86 crore net profit for the fourth quarter of financial year 2018-2019. This is 19.5 per cent lower than the \u20b9 64.37 crore bottom line reported in the same quarter of the financial year 2017-2018.<\/p>\n<p>\u201cWe have got a dividend of just \u20b9 8 crore during the financial year 2018-2019 from our subsidiary PTC India Financial Services Ltd (PFS). In the fiscal 2017-2018, we had received a dividend of \u20b9 62 crore from PFS. This has affected the bottom line during the quarter under review,\u201d a company official told BusinessLine.<\/p>\n<p>\u201cThe dividends from PFS (for 2017-18) came in only in 2018-19. The mop up was low because of poor performance of PFS which was affected by stress in NBFCs. However, with NBFC sector somewhat looking up in 2018-19, we hope to get higher dividends from PFS during 2019-20\u201d, the official said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PTC India has reported a \u20b9 53.86 crore net profit for the fourth quarter of financial year 2018-2019. This is 19.5 per cent lower than the \u20b9 64.37 crore bottom line reported in the same quarter of the financial year 2017-2018. \u201cWe have got a dividend of just \u20b9 8 crore during the financial year 2018-2019 from our subsidiary PTC India Financial Services Ltd (PFS). In the fiscal 2017-2018, we had received a dividend of \u20b9 62 crore from PFS. This has affected the bottom line during the quarter under review,\u201d a company official told BusinessLine. \u201cThe dividends from PFS [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-274401","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/274401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=274401"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/274401\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=274401"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=274401"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=274401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}