{"id":367533,"date":"2020-08-14T09:47:50","date_gmt":"2020-08-14T04:17:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367533"},"modified":"2020-08-14T09:55:06","modified_gmt":"2020-08-14T04:25:06","slug":"ptc-india-reports-7-rise-in-consolidated-net-profit-at-rs-100-cr-in-q1","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ptc-india-reports-7-rise-in-consolidated-net-profit-at-rs-100-cr-in-q1\/","title":{"rendered":"PTC India reports 7% rise in consolidated net profit at Rs 100 cr in Q1"},"content":{"rendered":"<p>Power trading solutions firm PTC India on Tuesday reported an over 7 per cent rise in consolidated net profit at Rs 100.06 crore for the June quarter, helped by reduced expenses. <\/p>\n<p>The company&#8217;s net profit stood at Rs 93.26 crore in the April-June period of 2019, it said in a BSE filing. <\/p>\n<p>However, total income fell to Rs 4,641 crore during the quarter, from Rs 5,415 crore in the year-ago period. <\/p>\n<p>Total expenses also reduced to Rs 4,499 crore, as compared to Rs 5,275 crore earlier. <\/p>\n<p>In a separate statement, the company&#8217;s CMD Deepak Amitabh said, &#8220;While the demand for traded electricity was impacted initially, the gradual restoration of economic activity has seen a revival of demand to levels comparable to the corresponding period last year.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Power trading solutions firm PTC India on Tuesday reported an over 7 per cent rise in consolidated net profit at Rs 100.06 crore for the June quarter, helped by reduced expenses. The company&#8217;s net profit stood at Rs 93.26 crore in the April-June period of 2019, it said in a BSE filing. However, total income fell to Rs 4,641 crore during the quarter, from Rs 5,415 crore in the year-ago period. Total expenses also reduced to Rs 4,499 crore, as compared to Rs 5,275 crore earlier. In a separate statement, the company&#8217;s CMD Deepak Amitabh said, &#8220;While the demand for [&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":[135,130,232],"tags":[],"class_list":["post-367533","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367533","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=367533"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367533\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}