PTC India Limited announced its consolidated and standalone financial results for the second quarter ended 30th September 2026.
Standalone Financial Performance Q2 FY27
- Trading volume: 32.46 BUs (24% growth year-over-year)
- Profit After Tax (PAT): ₹113.23 Crores
- Consulting income: ₹9.86 Crores
- Earnings Per Share (EPS): ₹3.83
Consolidated Financial Performance Q2 FY27
- Profit Before Tax (PBT): ₹171.10 Crores
- Profit After Tax (PAT): ₹159.10 Crores
- Earnings Per Share (EPS): ₹4.85
Management Commentary
Dr. Manoj Kumar Jhawar, MD & CEO, provided the following commentary:
- Trading volume growth of 24% in Q2-FY27 was driven by trades across different tenures
- Short-term trades contributed 65% of volume, with medium- and long-term contracts making up the balance
- Consulting clients received energy market insights as value-added services
- Cross-border power from Bhutan showed significant decline due to higher domestic requirements in Bhutan, resulting in decreased trading income
- Power demand is expected to remain robust with seasonal variations, supporting firm short-term power prices
- Market-oriented initiatives by CERC and policy initiatives by Ministry of Power on BESS (Battery Energy Storage Systems) with suitable fiscal incentives are expected to soften prices as storage capacity comes onstream
- Company expects to maintain leadership position through pan-India reach and innovative products & services
Company Background
PTC India Limited is a Government of India initiative and pioneer in starting India's power market. The company maintains leadership in power trading and is mandated by the Government of India to trade electricity with Bhutan, Nepal, and Bangladesh. Trading activities include long-term trading of power from large power projects (including renewables) and short-term trading arising from supply-demand mismatches across regions. The company operates as a public-private partnership with major PSUs of the Ministry of Power as promoters and widely held ownership interest.