State-run power trading solutions provider PTC India's first quarter profit is expected to be flat at Rs 48 crore but revenue may grow 17 percent year-on-year to Rs 3,864 crore on higher volumes growth, according to average of estimates of analysts polled by CNBC-TV18.
Operating profit is seen rising 2 percent to Rs 61 crore but margin may contract 224 basis points to 15.66 percent on yearly basis.
Trading volumes growth is likely to be around 16 percent during the quarter due to reduction in transmission bottlenecks and commissioning of long term trades.
Watch out for:-Company's future investment plans and update on wind power investment visibility on long-term volume contribution going forward-Update on PTC India's partnership with Solar Energy Corporation of India (SECI) and Indian Railways and consultancy income earned from these partnerships-Restart of tolling cum trading of operations at Meenakshi and Simhapuri
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