PTC India Ltd — Earnings Release 2025

Feb 13, 2025

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Date: February 13, 2025

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: Revised Press Release: Results for Q3/9M FY25

Please find attached a copy of the Revised Press Release issued by PTC regarding the Summary of Standalone and Consolidated Financial Performance for Q3/9M FY25.

You are requested to take the same on record.

Thanking You,

For PTC India Limited

RAJIV KUMAR Digitally signed by RAJIV KUMAR MAHESHWAR MAHESHWARI Date: 2025.02.13 I 14:17:26 +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 Q3/9M FY25

New Delhi, 12[th] February 2025: PTC India Limited, the leading provider of power trading solutions in India, announced its standalone & consolidated financial results for the third quarter ended on 31[st] December 2024.

A robust energy demand and better scheduling in the contract has led to healthy growth in trading volume to 19,245 MUs for Q3 (an increase of 29% over the corresponding quarter) and 12% increase in volume over corresponding 9M to 63,748 MUs.

Summary of Standalone Financial Performance for Q3FY25

• Profit Before Tax (PBT) in Q3FY25 was INR 148.11 Crores compared to INR 84.99 Crores in Q3FY24.

• The standalone Profit After Tax (PAT) for Q3FY25 was at INR 110.59 Crores compared to INR 62.90 Crores in Q3FY24

• The Trading Volumes were up by 29% in Q3FY25 to 19,245 MU compared to 14,932 MUs in Q3FY24.

• The Consulting income for Q3FY25 stood at Rs 12.25 Crores.

• Core margin stands at 3.16 paise per unit for the period Q3-FY25.

Summary of Consolidated Financial Performance for Q3FY25

• Consolidated Profit Before Tax (PBT) in Q3-FY25 was INR 225.53 Crores compared to INR 130.86 Crores in Q3FY24.

• Consolidated Profit After Tax (PAT) in Q3-FY25 was INR 181.11 Crores compared to INR 97.04 Crores in Q3FY24.

Summary of Financial Performance for 9M FY25

• Consolidated Profit Before Tax (PBT) in 9MFY25 was INR 777.96 Crores compared to INR 593.50 Crores in 9MFY24, an increase of 31%.

• Total trading income, on standalone basis, is INR 218.99 Crores, an increase of 10% over the corresponding 9M period.

• Profit After Tax (PAT) for the 9M – FY 25 is INR 333.40 Crore an increase of 17% over the corresponding period of FY 24.

• Core margin stands at 3.44 paise per unit for the period 9M-FY25.

Management commentary:

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

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India Ltd., said

"Growth has been witnessed across all segments of electricity trading in the third quarter of FY -25. has been observed. The growth has been driven by short-term segments (bilateral & exchange) of electricity trading. The short term constitutes 59% of PTC’s total trading volume for 9M indicating increased preference of market participants for the shorter end contracts including bilateral market.

We expect to see hardening of electricity demand in sync with GDP growth rate. The new business drivers for the sector will be renewable energy, storage solutions and consulting offerings. We expect to penetrate deeper into the opportunity space. Identified focus on growth drivers will 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. The leadership position has been built on the foundation of trust and reliable partnering. 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:

Anand Kumar PTC India Ltd VP

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