PTC Q1 net up 6% at Rs 12.01 cr

PTC India has posted a 6% increase in net profit at Rs 12.01 crore for the quarter ended June 30, 2006, when compared with Rs 11.31 crore for Q1FY06.

The company reported a total income of Rs 1049.97 crore, up 136% from Rs 443.97 crore reoprted in the same quarter last year.

The volume of power traded by the company also increased  from 1523 million units to 2625 million units, up 72%. Profit before depreciation, interest and tax increased by 12% at Rs 16.66 crore, compared to Rs 14.85 crore in the same quarter last year. Profit before tax was up by 11% to Rs 15.46 crore, compared to Rs 13.89 crore for the corresponding quarter of the previous year.