PTC India Ltd — Earnings Release 2025

Nov 12, 2024

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Date: November 12, 2024

Listing Deptt. / Deptt. of Corporate Relations BSE 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

Dear Sir/ Madam ,

Subject: Press Release: Results for Q2/H1 FY25

A copy of the Press Release issued by PTC regarding the Summary of Standalone and Consolidated Financial Performance for Q2/H1FY25 is enclosed herewith for kind reference.

You are requested to take the same on record.

Thanking You,

For PTC India Limited

RAJIV Digitally signed KUMAR by RAJIV KUMAR MAHESHWARI MAHESHWA Date: 2024.11.12 RI 20:39:50 +05'30'

Rajiv Maheshwari (Company Secretary) FCS- 4998

Enclosures: as above

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: info@ptcindia.com Website: www.ptcindia.com

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PRESS RELEASE

Results for Q2/H1 FY25

New Delhi, 12[th] November 2024: PTC India Limited, the leading provider of power trading solutions in India, announced its consolidated & standalone financial results for the second quarter Fy 202425 ended on 30[th] September 2024.

Summary of Consolidated Financial Performance for Q2-FY25

• Consolidated Profit After Tax (PAT) in Q2FY25 was INR 233.38 Crores compared to INR 202.31 Crores in Q2FY24, an increase of 16%.

• EPS of the company increased to Rs 7.34 in Q2FY25 compared to Rs 6.31 in Q2FY24.

Summary of Standalone Financial Performance for Q2-FY25

• The Standalone Total Income for Q2-FY25 increased by 19% to INR 197.37 crores primarily on account of an increase in net surcharge income by 115% compared to Q2-FY24.

• The standalone Profit Before Tax (PBT) in Q2-FY25 is marginally lower by 6%, at INR 156.55 Crores, from the corresponding quarter of last financial year.

• The trading Volume is up by 13% in Q2FY25 to 24,039 MU compared to 21,326 MUs in Q2FY24.

• Consulting income for Q2FY25 stood at Rs 10.30 Crores

• • Core trading margin stood at 3.60 paisa per unit.

Summary of Financial Performance for H1 FY25

• Consolidated Profit After Tax (PAT) in H1FY25 was INR 423.26 Crores compared to INR 345.01 Crores in H1FY24.

• Standalone Profit Before Tax (PBT) in H1FY25 was INR 300.21 Crores compared to INR 286.16 Crores in H1FY24.

• Standalone Profit After Tax (PAT) in H1FY25 was INR 222.81 Crores compared to INR 223.18 Crores in H1FY24.

• The trading Volumes in H1FY25 was 44,503 MU compared to 41,885 MU in H1FY24, an increase of 6%

• Core margin stood at INR 3.55 paisa per unit in H1FY25.

Management commentary:

Commenting on the results, Dr. Manoj Kumar Jhawar, Chairman & Managing Director, PTC India Ltd., said

" A healthy mix of volume from trades across different tenures has contributed to the growth of 13% in trading volume in Q2-FY 25. The short-term has contributed 56% of the volume and balance has been

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contributed by medium- & long-term contracts.

We expect to see firm electricity demand in sync with GDP growth rate. The new business drivers for the sector will be the renewable energy, storage solutions and consulting offerings. We expect to penetrate deeper into the opportunity space around identified growth drivers and maintain our leadership position. "

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 director.

For Further Information Contact:

Varun Sethi / Anand Kumar

PTC India Ltd AVP / VP

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