PTC India Ltd

PTC India will hold a meeting of the Board of Directors of the Company on 26 May 2025.Powered by Capital Market - Live

PTC India Ltd fell 3.14% today to trade at Rs 168.05. The BSE Utilities index is down 1.75% to quote at 5056.56. The index is down 1.49 % over last one month. Among the other constituents of the index, Orient Green Power Company Ltd decreased 2.93% and K.P. Energy Ltd lost 2.36% on the day. The BSE Utilities index went down 9.98 % over last one year compared to the 10.3% surge in benchmark SENSEX. PTC India Ltd has added 1.08% over last one month compared to 1.49% fall in BSE Utilities index and 8.15% rise in the SENSEX. On the BSE, 7306 shares were traded in the counter so far compared with average daily volumes of 1.07 lakh shares in the past one month. The stock hit a record high of Rs 246.55 on 16 Sep 2024. The stock hit a 52-week low of Rs 127.75 on 13 Jan 2025.Powered by Capital Market - Live

PTC India announced that the Board of Directors of the Company at its meeting held on 26 April 2025, inter alia, have recommended the interim dividend of Rs 5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.Powered by Capital Market - Live

The Board of PTC India at its meeting held on 26 April 2025 has appointed Dr. Manoj Kumar Jhawar (DIN: 07306454) existing Whole Time Director as Chairman & Managing Director of the Company w.e.f. date of his joining subject to the Articles of Association of the Company. The term of his appointment shall be till the date of attaining the age of superannuation i.e. 60 years. Powered by Capital Market - Live

PTC India has fixed 05 May 2025 as record date for for the purpose of ascertaining the name of members entitled to receive the interim dividend. Powered by Capital Market - Live

PTC India will hold a meeting of the Board of Directors of the Company on 26 April 2025.Powered by Capital Market - Live

PTC India announced the conclusion of divestment of its 100% stake in PTC Energy to ONGC Green for a total consideration of Rs 1,179 crore. The company received Rs 925 crore on 4 March 2025 and Rs 254 crore on 19 March 2025 toward the consideration from ONGC Green. Powered by Capital Market - Live

However, revenue from operations shed 0.21% to Rs 3,420.81 crore in Q3 FY25, compared with Rs 3,428.01 crore posted in the corresponding quarter previous year. Profit before tax was at Rs 227.47 crore in Q3 FY25, up 50.91% as against Rs 150.73 crore recorded in Q3 FY24. On a standalone basis, the company's net profit rallied 75.81% to Rs 110.59 crore on a 1.21% rise in revenue from operations to Rs 3,264.02 crore in Q3 FY25 over Q3 FY24. Standalone profit before tax spiked 74.26% to Rs 148.11 crore in Q3 FY25 as against Rs 84.99 crore posted in Q3 FY24. The trading volumes were up by 29% in Q3 FY25 to 19,245 million units (MU) compared to 14,932 million units (MU) in Q3 FY24. During the quarter, core margin stands at 3.16 paise per unit for the period Q3FY25. Dr. Manoj Kumar Jhawar, chairman & MD, PTC India, said, Growth has been witnessed across all segments of electricity trading in the third quarter of FY25 and has been observed. The growth has been driven by short-term segments (bilateral & exchange) of electricity trading. The short term constitutes 59% of PTC's total trading volume for 9M, indicating increased preference of market participants for the shorter end contracts, including bilateral markets. We expect to see a hardening of electricity demand in sync with GDP growth rate. The new business drivers for the sector will be renewable energy, storage solutions, and consulting offerings. We expect to penetrate deeper into the opportunity space. Identified focus on growth drivers will maintain our leadership position. PTC India is principally engaged in trading of power. PTC holds a Category I license from the Central Electricity Regulatory Commission (CERC), the highest category with permission to trade unlimited volumes.Powered by Capital Market - Live

Net profit of PTC India rose 98.46% to Rs 157.60 crore in the quarter ended December 2024 as against Rs 79.41 crore during the previous quarter ended December 2023. Sales declined 2.40% to Rs 3286.22 crore in the quarter ended December 2024 as against Rs 3366.90 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3286.223366.90 -2 OPM %9.427.42 - PBDT229.77153.30 50 PBT227.47150.73 51 NP157.6079.41 98 Powered by Capital Market - Live

PTC India will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live