PTC Industries reported a net profit of Rs 17.31 crore for the September 2024 quarter. The company had posted a net profit of Rs Rs 8.14 crore in the July-September period of the preceding 2023-24 fiscal, the company said in an exchange filing.
The revenue from operations was reported at Rs 72.36 crore during the second quarter against Rs 57.51 crore in the same period a year ago.
The company's expenses, however, increased to Rs 58.75 crore in the second quarter of the current fiscal against Rs 49.78 crore reported in the year-ago quarter.
The total income of the company increased to Rs 80.78 crore for the quarter under review against Rs 60.28 crore a year ago for the same quarter, while Sales rose 25.84 percent to Rs 72.37 crore in the September 2024 quarter against Rs 57.51 crore in the year ago quarter.
Earlier in September, the company's wholly-owned subsidiary Aerolloy Technologies received an order from Israel Aerospace Industries (IAI) for the supply of Titanium cast components for Aerospace applications.
PTC Industries Limited is a leading global supplier of high-precision metal components for critical and super-critical operations across various segments, including Aerospace, Defence, and Industrial. The company has invested in well-integrated manufacturing units with facilities located in Uttar Pradesh and Gujarat.
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