(THE NEWSMAN OF INDIA.COM) New Delhi, May 26:Power trading solutions provider PTC India reported a more than fourfold jump in its consolidated net profit to ₹371.87 crore for the quarter ended March 31, 2025, primarily driven by an exceptional gain of ₹305.96 crore from the divestment of its subsidiary, PTC Energy Ltd (PEL).

In the same quarter last year, the company had posted a consolidated net profit of ₹91.11 crore, the company stated in a regulatory filing.

For the financial year 2024-25, PTC India’s net profit stood at ₹976.24 crore, up from ₹533.16 crore in the previous fiscal, reflecting a robust growth momentum supported by strategic business actions and improved trading margins.

Despite the profit surge, the company’s total income for FY25 declined to ₹16,277.22 crore, compared to ₹16,805.36 crore in FY24. Similarly, income in the fourth quarter dropped to ₹3,030.51 crore, from ₹3,510.02 crore in the corresponding period of the previous year.

The Board of Directors has recommended a final dividend of 67 per cent, translating to ₹6.70 per share for the fiscal ended March 31, 2025.

In terms of operational performance, PTC India reported a trading volume of 82.75 billion units (BUs) in FY25, up from 74.84 BUs in FY24, registering an 11 per cent year-on-year growth, largely driven by short-term trades which contributed 66 per cent of total volume for the quarter.

The core trading margin remained steady at 3.37 paise per unit, with trading income for Q4 FY25 rising 14 per cent to ₹60.20 crore, as per the company’s statement.

Consulting income contributed ₹50.35 crore in FY25, indicating PTC’s focus on diversified revenue streams.

Commenting on the performance, Manoj Kumar Jhawar, Chairman & Managing Director, PTC India, said:
“Short-term volumes and better margins supported trading income growth in the last quarter. The divestment of PEL to ONGC Green Ltd, completed during the quarter, added ₹457.39 crore to the PAT for FY 2024-25, significantly enhancing shareholder value.”

PTC India received a total sales consideration of ₹1,175.75 crore (net of costs to sell) from the divestment, recording a profit of ₹305.96 crore as “Exceptional Items” in the consolidated financial results.

A Government of India initiative, PTC India has been a pioneer in the Indian power trading market and continues to maintain its leadership position. The company is also mandated to trade electricity with neighboring countries Bhutan, Nepal, and Bangladesh, reinforcing its strategic regional role in energy commerce.