PTC net profit up 6% for Q1FY07

New Delhi, July 18 (UNI) PTC India, formerly known as Power Trading Corporation of India, today registered a 6 per cent increase in net profit at Rs 12.01 crore for the first quarter ended on June 30,2006 as against Rs 11.31 crore in the same period of the last fiscal.

The company posted 136 per cent growth in its total income at Rs 1049.97 crore as against Rs 443.97 for the corresponding quarter last year.

PTC is a public-private partnership initiated by the Indian government for developing a commercially vibrant power market in the country.

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