PTC India's Q1 FY27 trading volume grew 12% to 25.8 billion units, with 60% from exchanges. Standalone PBT fell 32% to Rs. 96 Cr and PAT 33% to Rs. 71 Cr, mainly from lower surcharge/rebate as Discom liquidity improved. Actively pursuing PTC Financial Services divestment (transaction advisor appointed). Strategic focus includes exploring battery storage and advancing the NLC India JV (up to Rs. 500 Cr planned). A 1200 MW solar PPA was signed with NTPC Green. The recent Rs. 23/share dividend was a special, one-time payment. Management maintains a stable business outlook, keen on future growth.