PRAJ Industries Wins Order From Brazilian Firm
A leading provider of power trading solutions, PTC India, reported 56 per cent surge in net profit at Rs 96 crore for the quarter ended September. The company had reported a net profit of Rs 62 crore in the July-September quarter of last fiscal. Total revenue stood at Rs 4,212 crore, up 34 per cent from Rs 3,140 crore in second quarter of 2013-14 fiscal. “We continue to consolidate our core business of power trades in various customer and temporal segments. During the period, we strengthened our position in the long-term and cross-border power trades,” PTC India CMD Deepak Amitabh said.