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( As on 10/08/2017 19:42) PTC India Q1 net profit up 15.77% at Rs 65.35 cr

The company reported standalone net profit of Rs 65.35 crore for the quarter ended June 30, 2017 as compared to Rs 56.45 crore in the same period last year, registering a year-on-year growth of 15.77 per cent.

Net revenue of the company rose substantially by 20.97 per cent at Rs 4,326.43 crore in April-June quarter of this fiscal as against Rs 3,576.57 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 20.78 per cent to Rs 4,313.00 crore from Rs 3,570.95 crore in year ago period.

Other Income grew by 7.88 per cent at Rs 42.85 crore versus (Jun'16 Rs 39.72 crore).

Operating Profit surged by 20.97 per cent to Rs 88.77 crore as against Rs 73.38 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 0.00 per cent in June quarter.

Interest grew by 14.59 per cent y-o-y to Rs 35.18 crore, while Taxation increased by 20.77 per cent at Rs 30.41 crore (Jun'16 Rs 25.18 crore).