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This is an archive article published on February 9, 2011
PTC net profit up 139 per cent in Q3
PTC India today posted 139.04 per cent rise in its net profit.
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State-run power trading firm PTC India today posted 139.04 per cent rise in its net profit at Rs 37.96 crore for the third quarter ended December 31,from Rs 15.88 crore in the same period a year ago.
The company’s total income is recorded at Rs 1,758 crore compared for the third quarter ended December 31,as against 1,697.6 crore in the same period in 2009-10,a company statement said here.
It further said that the company’s net profit during the first nine months of this fiscal (April-December) was Rs105.70 crore compared to Rs 80.02 crore in the corresponding period last fiscal.
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The total income of the company during April-December period this fiscal is Rs 6,985.77 crore compared to Rs 6,528.84 crore in the same period in 2009-10.
The company sold 525 million units of electricity during the third quarter as compared to 391.93 million units in the corresponding quarter last fiscal
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