PTC India Declared Dividend of INR 7.80 Share for FY23  

PTC India Limited, the leading provider of power trading solutions in India, announced its consolidated financial results for the Fourth Quarter and year ended on 31st March, 2023. The Board of Directors of PTC have recommended a dividend of INR 7.80 per equity share subject to approval of the Shareholders

 Summary of Consolidated Financial Performance for Q4FY23 

 Consolidated Profit Before Tax (PBT) in Q4FY23 was INR 171.05 Crores

 Consolidated Profit After Tax (PAT) in Q4FY23 was INR 129.34 Crores

Summary of Consolidated Financial Performance for FY23 

 Consolidated Profit Before Tax (PBT) was down by 9% in FY23 amounting to INR 680.37 Crores

 Consolidated Profit After Tax (PAT) was down by 8% in FY23 amounting to INR 507.15 Crores

Summary of Standalone Financial Performance for Q4 FY23 

 The Standalone Total Income for Q4FY23 decreased by 36% in Q4FY23 to INR 179.58 Crores primarily on account of decrease in net surcharge income by ~63% compared to Q4FY22

 The standalone Profit After Tax (PAT) was almost flat in Q4FY23 at INR 155.34 Crores compared to INR 155.89 Crores in Q4FY22

 The Trading Volumes was down by 5% in Q4FY23 to 16,390 MU compared to 17,329 MU in Q4FY22

Summary of Standalone Financial Performance for FY23 

 Standalone Total Income was down by 21% in FY23 to INR 588.35 Crores primarily driven by a 49% decrease in Net Surcharge

 Standalone Profit After Tax (PAT) was INR 369.74 Crores

 The Trading Volumes was down by 19% in FY23 to 70,610 MUs compared to 87,515 MUs in FY22 on account of decrease of around ~15.1 BUs in low margin power exchange traded volumes

 The per unit core margin realized during the year has increased by 13.5%to 3.20 paisa per unit, compared to 2.82 paisa per unit.