PTC India net profit up 7 per cent in June quarter

PTC India Limited reported an over 7 per cent rise in consolidated net profit at Rs 1,000.6 million for the June quarter, helped by reduced expenses.

The company’s net profit stood at Rs 932.6 million in the April-June period of 2019. However, total income fell to Rs 46.41 billion during the quarter, from Rs 54.15 billion in the year-ago period. The company’s total expenses reduced to Rs 44.99 billion, as compared to Rs 52.75 billion earlier.

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