PTC India Financial jumps on surge in March-quarter profit

Ptc India Financial Services

12/05/2025 06:28

** Shares of PTC India Financial PTCN.NS rise 6% to 33.5 rupees apiece

** Power infrastructure financier posts a four-fold rise in March quarter profit to 581.6 million rupees ($6.9 million)

** Loans disbursed in the fourth quarter rise to 500 million rupees, compared to 150 million rupees Y/Y

** PTCN says it will improve asset quality, de-risk its portfolio and accelerate growth momentum in fiscal year 2026

** Says two of its four stressed assets accounts will be resolved within the next two quarters

** PTCN shares down 26.4% in 2025 so far

($1 = 84.6650 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))