PTC India Limited — Updates, 13-02-2025: Press Release (Revised)
PTC India Limited reported strong financial performance for Q3 and 9M FY25, driven by robust energy demand and improved scheduling. Trading volumes surged to 19,245 MUs for Q3, up 29% year-on-year, with total volumes for 9M reaching 63,748 MUs, marking a 12% increase.
**Financial Highlights**
- Standalone Profit Before Tax (PBT) reached INR 148.11 Crores, up from INR 84.99 Crores in Q3FY24.
- Standalone Profit After Tax (PAT) was INR 110.59 Crores, compared to INR 62.90 Crores last year.
- Consolidated PBT rose to INR 225.53 Crores from INR 130.86 Crores, with consolidated PAT at INR 181.11 Crores compared to INR 97.04 Crores in Q3FY24.
- Total standalone trading income for 9M was INR 218.99 Crores, a 10% increase. Consolidated PBT for 9M displayed a solid growth of 31% to INR 777.96 Crores.
**Strategic Initiatives and Growth Drivers**
The company aims to capitalize on new business opportunities in renewable energy and storage solutions while maintaining its leadership in electricity trading.
**Investor Implications**
With a positive outlook driven by increased demand and diversification into shorter-term contracts, PTC India Ltd presents a compelling growth story for investors to watch closely.
