PTC INDIA LTD. - 532524 - Announcement under Regulation 30 (LODR)-Change in Directorate
This is to inform you that: Consequent upon his superannuation from Power Grid Corporation of India Limited (POWEGRID), Shri Vinod Kumar Singh, (DIN-08679313), Nominee Director of POWERGRID, has ceased to be Director on the Board of PTC India Limited w.e.f June 1, 2023. Q4FY23 Quarterly & FY23 Annual Result Announced for PTC India Ltd.
Electric Utilities company PTC India announced Q4FY23 & FY23 results: Consolidated Q4FY23: Profit Before Tax (PBT) in Q4FY23 was Rs 171.05 crore Profit After Tax (PAT) in Q4FY23 was Rs 129.34 crore Consolidated FY23: Profit Before Tax (PBT) was down by 9% in FY23 amounting to Rs 680.37 crore Profit After Tax (PAT) was down by 8% in FY23 amounting to Rs 507.15 crore Standalone Q4FY23: Total Income for Q4FY23 decreased by 36% in Q4FY23 to Rs 179.58 crore primarily on account of a decrease in net surcharge income by ~63% compared to Q4FY22 Profit After Tax (PAT) was almost flat in Q4FY23 at Rs 155.34 crore compared to Rs 155.89 crore in Q4FY22 The Trading Volumes was down by 5% in Q4FY23 to 16,390 MU compared to 17,329 MU in Q4FY22 Standalone FY23: Total Income was down by 21% in FY23 to Rs 588.35 crore primarily driven by a 49% decrease in Net Surcharge Profit After Tax (PAT) was Rs 369.74 crore The Trading Volumes were down by 19% in FY23 to 70,610 MUs compared to 87,515 MUs in FY22 on account of a decrease of around ~15.1 BUs in low-margin power exchange-traded volumes The per unit core margin realized during the year has increased by 13.5% to 3.20 paisa per unit, compared to 2.82 paisa per unit. Commenting on the results, Dr. Rajib K Mishra, Chairman & Managing Director, PTC India, said "We are pleased to announce the financial results for Q4FY23 & FY23, both on a standalone and consolidated basis. The Board of Directors has recommended a dividend of Rs 7.8 per equity share for FY23, reiterating the confidence in PTC’s business model and prospects of the business in the future. FY23 for PTC India was a year of consolidation by taking strategic calls, ceding volumes to avoid a negative impact on the cost of funds, and reorienting the business model. Throughout the year, our company prioritized core margins over volumes as a part of the business strategy. The Government of India's initiatives, such as the LPS scheme, played a crucial role in enhancing the liquidity position of state utilities and reducing outstanding dues owed to PTC. After the implementation of the scheme, our surcharge income experienced a decline during the year. However, the scheme positively impacted our cash flows significantly, reducing the working capital cycle, decreasing the borrowing costs, and improving the cash balances." Result PDF PTC INDIA LTD. - 532524 - Compliances-Reg.24(A)-Annual Secretarial Compliance
In terms of Regulation 24(A) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith, Secretarial Compliance Report along with Annexure-A, duly issued by Ashish Kapoor & Associates, Company Secretaries, for the financial year ended 31st March, 2023.
PTC India logs 8% decline in FY23 net profit at 507.15 crore
In FY22 the company had registered a net profit of 551.67 crore. PTC INDIA LTD. - 532524 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Investor / Analyst meet for Q4FY23 and FY23, pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 PTC INDIA LTD. - 532524 - PTC India Limited Audited Standalone And Consolidated Results For Quarter And Financial Year Ended March 31, 2023
Independent Auditor''s Report on Quarterly and Year to Date Standalone and Consolidated Financial Results of PTC India Limited for FY ended March 31, 2023 Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 PTC INDIA LTD. - 532524 - Announcement under Regulation 30 (LODR)-Investor Presentation
PTC India Limited-Investor Presentation for Q4 & Year ended FY 23 PTC INDIA LTD. - 532524 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
PTC's Board recommends a dividend of INR 7.80 / equity share for FY23 PTC INDIA LTD. - 532524 - Audited Standalone And Consolidated Results For The Quarter And Year Ended March 31, 2023.
Independent Auditor''s Report on Quarterly and Year to Date Standalone & Consolidated Financial Results ended March 31, 2023 of PTC India Limited Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
