PTC INDIA LTD.
P&L
Quarterly Consolidated
vs Q2 FY25
PTC India Ltd. Reports 29% Increase in Q3 Trading Volume and 17% Growth in 9M PAT
13 Feb 2025 · 13 Feb 2025, 02:07 am
Summary
PTC India Limited, a leading provider of power trading solutions in India, has announced its standalone and consolidated financial results for the third quarter ended on 31st December 2024. The company reported a 29% increase in trading volume to 19,245 MUs for Q3 and a 17% increase in Profit After Tax (PAT) for the 9M period.
Key Highlights
- 1
31% increase in trading volume for Q3
- 2
12% increase in volume over corresponding 9M
- 3
Standalone PBT in Q3FY25 increased by 75% compared to Q3FY24
- 4
Standalone PAT in Q3FY25 increased by 76% compared to Q3FY24
- 5
Consolidated PBT in Q3-FY25 increased by 73% compared to Q3FY24
- 6
Consolidated PAT in Q3-FY25 increased by 86% compared to Q3FY24
- 7
9M PAT increased by 17% compared to the corresponding period of FY 24
Management Comments
Dr. Manoj Kumar Jhawar
Growth has been witnessed across all segments of electricity trading in the third quarter of FY -25. 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 market. We expect to see 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.
Informational and educational content only. Not investment advice.