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PTC India Ltd Earnings Release 2021

Jun 24, 2021

62464_rns_2021-06-24_2765171e-0ee1-4e08-9fc9-a0a151f63767.pdf

Earnings Release

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Date: 24[th] June, 2021

To.

Listing Deptt. / Deptt. of Corporate Relations, The Bombay Stock Exchange Limited, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, Fax- 022-22722037/ 39/41/61/3121/22723719 Scrip Code: 532524

Listing Deptt. National Stock Exchange of India Limited Exchange Plaza, C-1, Block G, Bandra – Kurla Complex, Bandra (E), Mumbai -51 Fax-022-26598237/ 38 - 022-26598347/ 48 Company Code: PTC

Sub:- Press Release

Dear Sir,

Please find enclosed the Press Release of PTC India Limited.

Thanking You,

For PTC India Limited

RAJIV KUMAR MAHESHWARI Digitally signed by RAJIV KUMAR MAHESHWARI DN: c=IN, o=Personal, 2.5.4.20=c3a018b0c424e7e23acf3e82348fa7d76d899553c5eb7231c8ee18600c7e604d, postalCode=110018, st=DELHI, serialNumber=da0cd8da190850fd2448ff94c37c3aad44ed4e5f55e63c65fa39e68465ec33bf, cn=RAJIV KUMAR MAHESHWARI, l=WEST DELHI, pseudonym=30667f55210f4adc94a157ce7a42dd45, email=[email protected] Date: 2021.06.24 20:18:27 +05'30'

(Rajiv Maheshwari) Company Secretary FCS- 4998

PTC India Limited

(Formerly known as Power Trading Corporation of India Limited) CIN : L40105DL1999PLC099328

2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500.41595100, 46484200, Fax: 011-41659144 E-mail: [email protected] Website: www.ptcindia.com,

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PRESS RELEASE

PTC India Limited– Summary of Financial Performance for Q4 - FY21 & FY 2020-21

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----- Start of picture text ----- Total Op IncomeVolume in MUs PBT in ₹ Crorein ₹ CroreQ4 – FY2021 16,279 202.41 106.1636% 62% 23%12,002 124.81 86.05----- End of picture text -----

Declares Final Dividend @₹5.50/ Share

In FY20-21, Total Operational Income (Standalone) is ₹ 728.25 Crores Consolidated profit after tax grew by 12.70 % to ₹ 457.62 Crores for FY -21

New Delhi, 24[th] Jun 2021: PTC India Limited, the leading provider of power trading solutions in India, today announced its financial results for the quarter ended Mar 31, 2021.

Management comment:

Commenting on the results, Mr. Deepak Amitabh, Chairman & Managing Director, PTC India Ltd., said

“The year 2020-21 was another year of strong performance for PTC, with our businesses generating record revenue, as well as consolidating our position in each of the segments.

We continue to make significant progress in rendering innovative solutions to various market participants, thereby further strengthening our engagement and positioning with various parts of the value chain.

PTC is committed towards continual investments in its people and systems to build capabilities and drive solutions. I am confident that these investments will drive our future prospects and position to grow and prosper going forward.”

Financial performance

Q4FY21 vs Q4FY20 (Standalone )

  • Volumes have increased by 36 % to 16.279 BUs from 12.002 BUs.

  • Operating Margin from Trading has increased by 25% to ₹ 53.67 crore from ₹ 42.99 crore.

  • PAT has been at ₹ 63.35 Crores vis a vis ₹ 64.17 Crores in corresponding quarter

PTC India Limited

(Formerly known as Power Trading Corporation of India Limited) CIN : L40105DL1999PLC099328

2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500, 41595100 Fax: 011-41659142 Website: www.ptcindia.com

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12M FY21 vs 12MFY20 (Standalone)

  • Volumes have increased by 21% to 80.042 BUs from 66.332 BUs.

  • Total operating income has increased by 35% to ₹ 698.86 crore from ₹ 517.80 crore.

  • PAT has increased by 28% to ₹ 410.25 Crores from ₹ 320.11 Crores

About PTC India Limited

PTC India Ltd., a Government of India initiative, is the pioneer in starting a power market in India. The Company has maintained its leadership position in power trading since inception. PTC has also been mandated by the Government of India to trade electricity with Bhutan, Nepal and Bangladesh.

The trading activities undertaken by PTC include long term trading of power generated from large power projects including renewables as well as short term trading arising as a result of supply and demand mismatches, which inevitably occur in various regions of the country.

The Company is credited with a number of products in the electricity trading market to meet the divergent needs of the customers. Driven by the vision of shaping a vibrant power market, PTC has been providing value-added services to its clients and built trust as a reliable partner. The electricity traded from cross border resources is a significant component of the total electricity traded by the Company.

PTC is a unique example of a successful public-private partnership with major PSUs of the Ministry of Power, Government of India as promoters and a widely held ownership interest. The diverse composition of its Board of Directors includes eminent people as independent directors.

For Further Information Contact:

Vikas Mahajan

Fortuna PR 99536 19912

Anand Kumar PTC India Limited 98739 88920

PTC India Limited

(Formerly known as Power Trading Corporation of India Limited) CIN : L40105DL1999PLC099328

2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011- 41659500, 41595100 Fax: 011-41659142 Website: www.ptcindia.com