February 03, 2026 07:56 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Supreme Court raps Meta, WhatsApp: ‘Theft of private information, won’t allow its use’ | ‘Completely surrendered’: Congress slams Modi after Trump’s trade deal move | PM Modi thanks 'dear friend' Trump for tariff reduction, hails strong US–India partnership | Trump announces US–India trade deal, lowers reciprocal tariffs to 18% | After Budget mayhem, bulls return: Sensex, Nifty stage sharp recovery | Dalai Lama wins first Grammy at 90 | Firing outside Rohit Shetty’s Mumbai home: 4 arrested, Bishnoi Gang link emerges | Female suicide attackers emerge at centre of deadly BLA assaults that rocked Pakistan’s Balochistan | Delhi blast: Probe reveals doctors' module planned attacks on global coffee chain | Begging bowl: Pakistan PM says he feels “ashamed” seeking loans abroad

PTC India Q1FY15 net profits up by 47%

| | Aug 13, 2014, at 02:15 am
New Delhi/Kolkata, Aug 12 (IBNS): PTC India Limited, a provider of power trading solutions in India, announced its financial results for the quarter ended June 30, 2014 on Tuesday where its total revenue increased by 33.17 % to Rs. 3689.54 Crore as against Rs. 2770.46 Crore in the quarter ended June 30, 2013 (Q1FY14).
Earnings before Interest, Depreciation and Taxation (EBIDTA) registered an increase of 57.37 % to Rs. 66.85 Crore in Q1FY15 from Rs. 42.48 Crore in Q1FY14.
 
Net profit surged by 47.42% to Rs.43.74 Crore from Rs. 29.67 Crore in the Q1FY14.
 
The company reported an earnings per share of Rs. 1.48 in Q1FY15 compared to Rs. 1.00 in Q1FY14.
 
The company’s volumes witnessed substantial growth on the back of increase in volumes in multiple business segments. 
 
During Q1FY15, the company registered a 22 % increase in traded volumes at 10,309 MUs against 8,418 MUs during Q1FY14.
 
A healthy trend was maintained in the volume growth from long term trades (including cross border), with 3,425 MUs being traded in Q1FY15 compared to 2,931 MUs during Q1FY14, an increase of 16.85%, the company said in a statement.
 
Commenting on the results, Deepak Amitabh, Chairman & Managing Director, PTC India Ltd said: “I am happy to present a robust performance for the quarter. The volumes during the quarter have increased to 10,309 MUs in Q1FY15 as compared to 8,418 MUs in Q1FY14, an increase of 22%."
 
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
RBI announces repo rate cut Jun 06, 2025, at 10:51 am
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm