PTC India Q1 Results Total Revenue ₹161.22 crores & Operating Income ₹58.01 crores

PTC India Q1 Results: The table shows the financial results for PTC India Financial Services for the first quarter of June 2024. When we look at the year-over-year (YoY) comparisons, we see that total revenue was ₹161.22 crores, which is a decrease of 15.03% from ₹189.75 crores in June 2023. This decline in revenue shows that the company is facing challenges compared to last year. However, when we look at the quarter-on-quarter (QoQ) results, total revenue fell by 8.64% from 193.75 crores in March 2023.

PTC India’s operating income increased significantly by 205.84% compared to the previous quarter, showing improved efficiency in operations. YoY, the operating income also rose by 27.50%, which is a positive sign. The net income before taxes also saw a large jump of 208.04% QoQ, rising to ₹59.34 crores. YoY, this was up by 20.52%.

Despite these positive trends, the diluted normalized earnings per share (EPS) dropped by 9.16% from the previous quarter and decreased by 11.81% YoY. 

Here are the Q1 results for PTC India Financial Services presented in a simple table format:

(All figures in crores except per share values)

PTC India Q1 Results

The financial results for PTC India show important information about the company's performance for the quarter ended June 30, 2024, and the full year ending March 31, 2024. In the first quarter of 2024, PTC India earned a total revenue of ₹4,52,540 lakhs, which includes money made from regular operations and some other sources. This is slightly lower compared to ₹4,56,965 lakhs from the same quarter last year.

PTC India’s expenses for the quarter were ₹4,38,440 lakhs, which is an increase from ₹4,46,000 lakhs a year ago. The profit before tax was ₹14,366 lakhs, showing an improvement compared to ₹12,010 lakhs in the same quarter of the previous year. After deducting tax expenses, the net profit for this quarter was ₹10,631 lakhs, up from ₹8,983 lakhs last year. The company also reported comprehensive income, which includes some other financial factors, totaling ₹10,688 lakhs.

Finally, the earnings per share for shareholders were ₹3.59, indicating how much profit each share earned during this period. 

Here’s a summary of the financial results you provided:

(Figures in Lakhs)

PTC India Products Financial Performance

The table shows important financial information about PTC India. The market capitalization is ₹ 6,273 crore, which means this is the total value of all its shares. The current stock price is ₹ 212, and it reached a high of ₹ 255 and a low of ₹ 126 in the past. The price-to-earnings ratio (P/E) is 12.2, indicating how much investors are willing to pay for each rupee of profit. The book value is ₹ 174, and the dividend yield of 3.68% means shareholders earn this percentage from dividends. 

Here's the information formatted in a table for clarity:

Quarterly Results 

The PTC India table shows financial results over several quarters. It includes important numbers like sales, expenses, and profits. In December 2023, PTC India had sales of 3,428 crores and expenses of 3,178 crores, leading to a profit before tax of 151 crores. In March 2024, sales slightly increased to 3,507 crores, but expenses also rose to 3,256 crores, resulting in a profit of 132 crores. By June 2024, sales increased significantly to 4,686 crores, with expenses rising to 4,382 crores, which led to a profit before tax of 203 crores. 

Here’s the table for the specified quarters (Dec 2023, Mar 2024, Jun 2024) with particulars:

About PTC India

PTC India was founded in April 1999 to help improve the power sector in India. At that time, many private companies were not willing to invest in power projects because of the risks involved. The government saw the need for an organization that could provide support, so PTC was created to offer credit risk protection for private power developers. This makes PTC a strong example of a Public-Private Partnership, where both government and private sectors work together for better results.

PTC India is a leader in the country's power market. It started trading power in July 2001 and has been successful in both long-term and short-term trading. This means they help match power supply with demand, ensuring that electricity is available where it is needed most. Over the years, PTC has grown rapidly, surpassing expectations. By March 2020, it had a revenue of ₹3,496.60 Crore and a wide client base, including all the state utilities in India and some neighboring countries. PTC's role in the power market has been vital for improving energy access and efficiency, contributing significantly to India's energy development.