PTC India falls despite reporting 2-fold jump in Q4 net profit
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PTC India is currently trading at Rs. 79.00, down by 2.50 points or 3.07% from its previous closing of Rs. 81.50 on the BSE.
The scrip opened at Rs. 81.50 and has touched a high and low of Rs. 82.15 and Rs. 78.25 respectively. So far 128934 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.45 on 19-Oct-2021 and a 52 week low of Rs. 70.25 on 23-Jun-2022.
Last one week high and low of the scrip stood at Rs. 84.00 and Rs. 74.25 respectively. The current market cap of the company is Rs. 2351.79 crore.
The promoters holding in the company stood at 16.22%, while Institutions and Non-Institutions held 43.00% and 40.79% respectively.
PTC India has reported results for fourth quarter and year ended March 31, 2022.
The company has reported over 2-fold jump in its net profit at Rs 155.89 crore for the quarter under review as compared to Rs 63.35 crore for the same quarter in the previous year. However, total income of the company decreased by 21.20% at Rs 2,833.34 crore for Q4FY22 as compared Rs 3,595.63 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a marginal rise of 3.55% in its net profit at Rs 424.81 crore as compared to Rs 410.25 crore for the previous year. However, total income of the company decreased by 7.97% at Rs 15,637.62 crore for year under review as compared to Rs 16,992.03 crore for year ended March 31, 2021.
