PTC INDIA LTD Announces Quarterly Results (3QFY20); Net Profit Up 13.5%

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PTC INDIA LTD Announces Quarterly Results (3QFY20); Net Profit Up 13.5%
Fri, 7 Feb

PTC INDIA LTD has announced its results for the quarter ended December 2019. Here is a detailed performance review of the same:

PTC INDIA LTD Quarterly Financials

No. of Mths
Qtr. Ending
3
Dec-18*
3
Sep-19*
3
Dec-19*
QoQ ChangeYoY Change
Net SalesRs m29,22347,49934,646-27.1%18.6%
Other incomeRs m12936331-91.4%-75.7%
TurnoverRs m29,35247,86234,677-27.5%18.1%
ExpensesRs m28,29746,08733,736-26.8%19.2%
Gross profitRs m9261,412908-35.7%-1.9%
DepreciationRs m8772.8%-3.9%
InterestRs m254150146-2.4%-42.2%
Profit before taxRs m7941,618786-51.4%-1.0%
TaxRs m281269203-24.4%-27.6%
Profit after taxRs m5131,349583-56.8%13.5%
Gross profit margin%3.23.02.6
Effective tax rate%35.316.625.9
Net profit margin%1.72.81.7
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Company Reports, Regulatory Filings, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 18.6% on a year-on-year (YoY) basis. The expenses were up by 19.2% YoY during the same period.
  • The company's operating profit declined by 1.9% YoY during the quarter. Consequently, operating profit margins remained same and stood at 2.6% in 3QFY20.
  • Depreciation charges declined by 3.9% and finance costs declined by 42.2% YoY, respectively.
  • Other income declined by 75.7% YoY during the quarter.
  • Net profit for the quarter increased by 13.5% YoY. Net profit margins during the quarter declined from 1.7% in 3QFY19 to 1.7% in 3QFY20.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter fell 27.1% on a quarter-on-quarter (QoQ) basis. The expenses were down by 26.8% QoQ during the same period.
  • The company's operating profit declined by 35.7% QoQ during the quarter. Consequently, operating profit margins witnessed a decline and stood at 2.6% in 3QFY20 as against 3.0% in 2QFY19.
  • Net profit for the quarter declined by 56.8% QoQ, while net profit margins declined from 2.8% in 2QFY19 to 1.7% in 3QFY20.

To see how PTC INDIA LTD has performed over the last eight quarters,please visit here.

Tomorrow at 5pm: Get the details of India's #1 defence stock

PTC INDIA LTD Share Price Performance

Over the last one year,PTC INDIA LTD share price has moved down from Rs 75.1 to Rs 55.3, registering a Loss of Rs 19.8 or around 26.4%.

Meanwhile, the S&P BSE POWER Index is trading at Rs 1,914.6 (up 0.1%). Over the last one year it has moved up from 1,816.1 to 1,914.6, a gain of 98 points (up 5.4%).

Overall, the S&P BSE SENSEX is up 11.4% over the year.

Current Valuations

At the current price of Rs 55.3, the price to earnings (P/E) ratio of PTC INDIA LTD stands at 5.3 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 0.4 times.

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PTC INDIA LTD Announces Quarterly Results (2QFY20); Net Profit Up 41.0% (Quarterly Result Update)

Nov 5, 2019 | Updated on Nov 5, 2019

For the quarter ended September 2019, PTC INDIA LTD has posted a net profit of Rs 1 bn (up 41.0% YoY). Sales on the other hand came in at Rs 47 bn (up 4.7% YoY). Read on for a complete analysis of PTC INDIA LTD's quarterly results.

PTC INDIA LTD Announces Quarterly Results (1QFY20); Net Profit Up 2.2% (Quarterly Result Update)

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For the quarter ended June 2019, PTC INDIA LTD has posted a net profit of Rs 628 m (up 2.2% YoY). Sales on the other hand came in at Rs 50 bn (up 46.8% YoY). Read on for a complete analysis of PTC INDIA LTD's quarterly results.

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