Expect to see resolution of NPAs in coming quarters: PTC

PTC India Financial Services' Q1 earnings are in focus where asset quality woes continue but healthy loan growth aids earnings.

In an interview to CNBC-TV18, Ashok Haldia, MD and CEO of the company spoke about the results and his outlook for the company.

In the effort that the company is making to resolve the non-performing assets (NPAs), last quarter there was a resolution of two loan accounts which are about Rs 100 crore. There are at least four other projects where the company is nearing resolution, he said.

In terms of stressed assets, the management is working with promoters and other consortium members for strategic debt restructuring (SDR) and other solutions.