PTC India Q3 FY26 Results: PAT at ₹82.70 Crore, Declares ₹3 Interim Dividend

Mumbai: PTC India Limited, India’s leading provider of power trading solutions, announced its unaudited standalone and consolidated financial results for Q3 & 9M FY26 ended December 31, 2025.

The company reported a standalone Profit After Tax (PAT) of ₹82.70 crore for Q3 FY26, marking a 25% decline compared to the corresponding quarter of the previous financial year. Despite margin pressures, trading volumes witnessed steady growth during the quarter.

Financial Highlights (Standalone, Q3 FY26):

Trading Volume: 20,010 MUs (up 4% YoY)
Trading Margin: ₹60.28 crore (remained flat YoY)
Profit After Tax (PAT): ₹82.70 crore (down 25% YoY)
Consulting Income: ₹10.80 crore
Core Trading Margin: 3.01 paisa per unit

Shareholder Reward: Interim Dividend Declared

The Board of Directors declared an interim dividend of ₹3 (INR Three) per equity share for FY 2025-26.

Consolidated Financial Performance (Q3 FY26):

Profit Before Tax (PBT) from Continuing Operations: ₹174.99 crore
Profit After Tax (PAT) from Continuing Operations: ₹131.24 crore
Total Comprehensive Income: ₹133.03 crore
- (vs. ₹180.55 crore in Q3 FY25, down 26%)

Nine-Month Performance (9M FY26):

For the nine-month period ended December 31, 2025:

Volume Growth: 9% YoY
Trading Margin Growth: 7% YoY

The company indicated encouraging trends in volume and margin performance over the nine-month period, despite quarterly margin compression.

Management Commentary

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

“With a higher volume contribution of 60% (55% in Q3 FY25) from exchange contracts, there has been a dip in the overall trading margin in Q3 FY26. However, if we look at the 9M period, the numbers are encouraging with volume growth of 9% and trading margin growth of 7%.

Insights-driven value-adds bundled with trading business transactions are expected to increase margins in coming periods. PTC is actively investing in technology to make transactions smarter and information-driven.

Our assessment of power demand remains intact with close correlation to GDP growth. With policy push such as NEP 2026 and market-oriented initiatives by CERC, we expect increasing demand for new products and services and aim to maintain our leadership position.”

About PTC India Limited

PTC India Limited is a Government of India initiative and pioneer in developing India’s power trading market. The company has consistently maintained its leadership position in electricity trading since inception.

PTC has been mandated by the Government of India to undertake cross-border electricity trading with Bhutan, Nepal, and Bangladesh. Its operations include:

Long-term trading from large conventional and renewable power projects
Short-term trading to manage regional demand-supply mismatches
Cross-border electricity transactions
Value-added services and innovative power market products

Driven by its vision to shape a vibrant and competitive power market, PTC continues to expand its technological capabilities and deepen market penetration across identified growth areas.