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Power trading solution provider PTC India Ltd on Saturday posted a 17.67 per cent fall in its consolidated net profit at ₹129.34 crore during the March quarter, dragged by higher expenses.
Its net profit was ₹157.11 crore during the January March quarter of FY22, the company said in a regulatory filing.
Also read: PTC India, Brookfield Renewables ink MoU for 100 MW solar power
The company's total income, however, rose to ₹3,643.02 crore from ₹3,107.04 crore in the year-ago quarter.
Expenses too grew to ₹3,471.95 crore as against ₹2,890.57 crore a year ago.
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