PTC India Q4 Net Profit Jumps Over 4X to ₹372 Crore

27 May 2025 , 11:03 PM

PTC India Ltd posted a consolidated net profit of ₹371.87 crore for the quarter ended in March (Q4 FY25), up over four times compared to ₹91.11 crore in the same quarter of the previous fiscal.

The spike in profit was mainly due to an exceptional gain of ₹305.96 crore, which PTC India recorded on account of selling its entire holding in its subsidiary, PTC Energy Ltd (PEL), to ONGC Green.

The total sales consideration of the divestment was ₹1,175.75 crore (net of costs) and the resulting profit was recognised as “Exceptional Items” in the consolidated of financial results of the company for Q4 and FY25.

Total income during the quarter under review stood at ₹3,030.51 crore, lower than ₹3,510.02 crore in the Q4 FY24, indicating moderation in core sector’s operations even as the profit surged.

For the entire FY25, consolidated net profit increased to ₹976.24 crore, as against ₹533.16 crore in FY24 with the support of one-time gain from PEL divestment. The board of directors has proposed a final dividend of ₹6.70 per share (67%) for FY25, awaits the shareholders for approval.

PTC India, country’s leading power trading company is a Government of India (GoI) initiated Public-Private Partnership, whose primary focus is to develop a commercially vibrant power market in the country.

It also holds the exclusive licenses from the Government of India to trade in electricity across the borders with Bhutan, Nepal, and Bangladesh, the latter two on a non-exclusive basis, thereby enhancing the regional exposure and market relevancy.