PTC India, engaged in power trading business, announced a sharp drop in standalone net profit for the quarter ended March 2009. During the quarter, the profit of the company declined 19.26% to Rs 155.18 million from Rs 192.20 million in the same quarter previous year. Net sales for the quarter rose 2.16 times to Rs 11,796.35 million, while total income for the quarter jumped 2.11 times to Rs 11,969.29 million, when compared with the prior year period. It posted earnings of Rs 0.68 a share during the quarter, registering 19.05% decline over previous year period.
source : www.myiris.com/newsCentre/newsPopup.php?fileR=20090501135600193&dir=2009/05/01&secID=livenews
source : www.myiris.com/newsCentre/newsPopup.php?fileR=20090501135600193&dir=2009/05/01&secID=livenews
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