PTC India Financial Services Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates
04-11-2024 · 03:30 pm
PTC India Financial Services Ltd. reported steady progress in Q2 FY'25, with total revenue at INR 163 crores and post-tax profit rising to INR 47 crores. The company is undergoing a transformation, focusing on resolving legacy issues, enhancing portfolio quality, and pursuing sustainable growth. Notable improvements include a decline in gross NPA by 32% and a strengthened provision coverage ratio of around 63%. Future growth targets include a diversified focus on distributed energy projects and infrastructure financing.
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