State-owned power trading solutions company PTC India today posted an over two-fold rise in standalone net profit at Rs 78.7 crore for the quarter ended March 31.
The company had posted standalone net profit at Rs 35.5 crore in the same quarter of financial year 2015-16, PTC India said in a BSE filing.
The standalone total revenue from operations increased to Rs 3,269 crore, over Rs 2,982.5 crore in the same quarter of 2015-16.
PTC is the leading provider of power trading solutions in India whose primary focus is to develop a commercially vibrant power market in the country.
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