The March 2022 quarter saw a significant increase in net profit for PTC India, a provider of power trading solutions, as its combined net profit more than tripled to Rs 157.11 crore. In the three months ending March 31, 2021, the company’s combined net profit was Rs 49.77 crore, according to a BSE filing.
Its total expenditures decreased from Rs 3,792.56 crore a year ago to Rs 2,890.57 crore in the quarter. Additionally, from Rs 3,925.99 crore in the same quarter last year, the total income decreased to Rs 3,107.04 crore in the current quarter. It’s fiscal 2021—2022 net profit was Rs 551.67 crore, up from Rs 457.62 crores in fiscal 2020—2021. However, from an earlier total of Rs 18,373.66 crore, the total income for the fiscal was reduced to Rs 16,879.77 crore.
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