PTC India net profit falls 53 pc to Rs 112 cr in Q1

PTC India's consolidated net profit was Rs 242.88 crore in the corresponding year, an exchange filing showed
Alt="PTC India net profit falls 53 percent to Rs 112 crore in Q1'FY27"
PTC India net profit falls 53 percent to Rs 112 crore in Q1'FY27EnergyWatch.in
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New Delhi: PTC India on Tuesday reported a 53 per cent decline in its consolidated net profit to Rs 112.08 crore in the June quarter.

Its consolidated net profit was Rs 242.88 crore a year ago, an exchange filing showed.

The board also approved payment of interim dividend at the rate of 230 per cent (Rs 23 per equity share of Rs 10 each) for 2026-27.

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It has fixed August 10 as the record date for ascertaining the names of members / beneficial owners entitled to receive the interim dividend.

Alt="PTC India net profit falls 53 percent to Rs 112 crore in Q1'FY27"
NTPC Q1 net profit up 11.9% to Rs 5,342 crore as tax rate and finance costs fall

The company stated that the standalone profit after tax (PAT) in Q1 FY27 is Rs 70.67 crore lower than the corresponding quarter of the last financial year, largely on account of lower rebate and surcharge incomes.

The trading volume is up by 12 per cent in Q1 FY27 to 25,783 MU compared to 23,042 MU a year ago.

Core trading margin stood at 3.35 paisa per unit.

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Manoj Kumar Jhawar, Managing Director and Chief Executive Officer (MD & CEO), PTC India Ltd, said, "Healthy level of core performance metrics have been maintained in a scenario where the market is in transition".

"This has been possible largely because of the resilience of PTC’s business model. The mix of volume from trades across different tenures has contributed to the growth of 12 per cent in trading volume in Q1 FY27. The short-term (bilateral & exchange) has contributed 67 per cent of the volume, and the balance has been contributed by medium- & long-term contracts."

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