PTC INDIA LIMITED 
By HIGHLIGHTS
PTC India Limited - Summary of Financial Performance for Q2/ H1, FY 12-13QUARTER RESULTS -Q2FY13
The Profit Before Tax (PBT) for Q2 FY13 has seen an increase of 25.39% over the corresponding period Q2 FY12 from Rs.49.34 crore to Rs.61.87 crore.
Profit After Tax (PAT) for Q2 FY13 has increased by 25.30 % over the corresponding period
Q2 FY12 from Rs 35.57 crore to Rs 44.57 crore.
The operating profit for Q2FY13 has increased by 29.6 % over the corresponding period of
Q2 FY12 from Rs 43.25 crore to Rs 56.08 crore.
Total energy sold volume has been the highest ever in any quarter. Q2FY13 has recorded
9428 Million Units as compared to 8655 Million Units sold during corresponding period of
Q2 FY12, a growth of 8.9%.
H1 RESULTS -FY13
Total energy sold volume during H1FY13 has increased to 15994 Million Units (MUs) as compared to 15381 Million Units (MUs) during corresponding period of H1FY12, higher by
3.98%.
The Profit Before Tax (PBT) for H1FY13 has seen a decrease of 13.37% over the corresponding period H1 FY12 from Rs. 111.89 crore to Rs. 96.94 crore.
Profit After Tax (PAT) for H1 FY13 is Rs. 69.82 crore as compared to
Rs. 80.79 crore in H1 FY12 lower by 13.59 %.
The decrease in profitability is mainly on account of decrease in rebate and treasury income. Rebate income has declined to Rs. 5.48 crore in the current half year as against Rs. 37.16 crore in the corresponding half year of FY12, whereas, the treasury income has declined to Rs. 5.06 crore in the current half year as against Rs. 30.8 crore in the corresponding half year of FY12.
The decline has been offset by decrease in interest expenses and increase of gross operating margin. Interest expense has decreased from Rs 9.27 crore in H1FY12 to Rs 0.51 crore in H1
FY13 while the gross operating margin (excluding rebate and surcharge) has increased to Rs
99.59 crore from Rs 68.58 crore in H1 FY13. The contribution of operating income from 76% in Q2FY12 to 90% in Q2FY13 indicates reduced dependence on other income which is more sustainable for the business in the long term.
Company continues to be debt free for Q2 FY13 as well as H1FY13.
PTC India Limited
(Formerly known as Power Trading Corporation of India Limited)
2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011-51659127, 51659128, 51659500. Fax: 011-51659126
E-mail: info@ptcindia.com Website: www.ptcindia.com
The total PPAs signed by the company as on September 30, 2012 are 14,402 MW (includes cross border trade). The cumulative MoUs as on September 30, 2012 are 14, 205 MW. The cumulative PSAs signed as at the end of Q2FY12 stand at 5595 MW (includes cross border trade).
About PTC
PTC India Limited, a Government of India initiative, is the pioneer in starting a power market in India. The Company has maintained its leadership position in the power trading since inception. PTC has also been authorized by the Government of India to trade electricity with Bhutan and Nepal. The Company is also actively participating on Indian Energy Exchange, the first national level power exchange in the country. PTC, through its financial subsidiary PFS, has also taken 5% equity share as a promoter of the Indian Energy Exchange.
The trading activities undertaken by PTC include long term trading of power generated from large power projects as well as short term trading arising as a result of supply and demand mismatches, which inevitably arise in various regions of the country.
The Company is credited with number of products in the electricity trading market to meet the divergent needs of the customers. Driven by the vision to forge a vibrant power market, PTC has been able to provide innovative services to its clients and build faith and trust as a reliable partner resulting in repeated transactions. The electricity traded from cross border resources is a significant component of the total electricity traded by the Company.
PTC, with a diversified board of directors including eminent people as independent directors, is a unique example of a highly successful public-private partnership with major PSUs of the Union Power Ministry as promoters and wide ownership interest.
Building of an integrated energy value chain is central to the Company's growth agenda. PTC has made foray into fuel intermediation, renewable sources as well as investment in energy assets. PTC has managed its leadership position in the power market adhering to its core value of transparency and keeping customer's need at the top.
Puja Mehrish PTC India Ltd pujamehrish@ptcindia.com
PTC India Limited
(Formerly known as Power Trading Corporation of India Limited)
2nd Floor, NBCC Tower, 15 Bhikaji Cama Place New Delhi - 110 066 Tel: 011-51659127, 51659128, 51659500. Fax: 011-51659126
E-mail: info@ptcindia.com Website: www.ptcindia.com
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