PTC India reports strong Q3 FY25 growth as power trading volume surges

PTC India Limited, a leading provider of power trading solutions, has reported robust financial performance in the third quarter (Q3) and the nine-month (9M) period of the fiscal year 2025. The company attributes its strong results to rising electricity demand growth, improved contract execution, and increased participation in short-term power trading.

A substantial increase in power trading volume has driven PTC India’s financial success, with trading volumes in Q3 FY25 reaching 19,245 million units (MUs), marking a 29% increase from the same period last year. For the 9M period, the total power trading volume stood at 63,748 MUs, reflecting a 12% year-on-year (YoY) growth. The company has also reported a significant increase in profitability, with its standalone and consolidated earnings showing double-digit expansion compared to the previous fiscal year.

What Are the Key Financial Highlights of PTC India’s Q3 FY25 Performance?

PTC India’s financial results indicate a substantial rise in profitability, supported by a surge in power trading volume and increasing demand for short-term power contracts.

The company’s standalone profit before tax (PBT) for Q3 FY25 reached INR 148.11 crore, a significant increase from INR 84.99 crore in Q3 FY24. The standalone profit after tax (PAT) grew to INR 110.59 crore, compared to INR 62.90 crore in the corresponding period last year.

On a consolidated basis, PTC India reported a PBT of INR 225.53 crore for Q3 FY25, up from INR 130.86 crore in Q3 FY24. Consolidated PAT also saw a notable rise, reaching INR 181.11 crore compared to INR 97.04 crore a year ago.

For the 9M FY25 period, consolidated PBT stood at INR 777.96 crore, reflecting a 31% increase from INR 593.50 crore in 9M FY24. The consolidated PAT for the 9M period was INR 333.40 crore, marking a 17% YoY increase.

PTC India’s core margin for Q3 FY25 remained strong at 3.16 paise per unit, while for the 9M period, it stood at 3.44 paise per unit. The company’s trading income on a standalone basis rose to INR 218.99 crore, an increase of 10% compared to the corresponding 9M period.

How Is Electricity Demand Growth Driving PTC India’s Expansion?

The rising electricity demand growth in India has significantly influenced PTC India’s trading activities, particularly in short-term power trading. The short-term market, which includes bilateral contracts and energy exchange transactions, accounted for 59% of PTC’s total power trading volume in the 9M period.

According to Dr. Manoj Kumar Jhawar, Chairman & Managing Director of PTC India, the preference for short-term contracts is increasing among market participants due to the flexibility and competitive pricing they offer. He emphasized that the company is strategically positioned to capitalize on the evolving dynamics of the power trading market, ensuring efficient electricity distribution across various regions.

With India’s industrial and commercial sectors witnessing sustained growth, power demand is expected to rise further, contributing to the expansion of PTC India’s trading operations. The company anticipates a steady increase in demand, aligning with the country’s GDP growth rate and broader economic expansion.

How Is PTC India Strengthening Its Position in the Renewable Energy Sector?

PTC India is actively expanding its presence in the renewable energy sector, recognizing the increasing importance of sustainable power solutions. The company is focusing on long-term contracts for renewable energy projects and is also exploring opportunities in energy storage solutions to enhance grid stability.

The company’s involvement in renewable energy trading aligns with India’s broader clean energy transition, which aims to reduce dependence on fossil fuels and enhance the integration of solar and wind energy into the national grid. PTC India is leveraging its expertise to facilitate large-scale power trading agreements that support India’s renewable energy targets while ensuring a balanced power supply.

Additionally, the company’s consulting services are playing a crucial role in guiding stakeholders through complex regulatory frameworks and market dynamics. By offering strategic advisory services, PTC India is positioning itself as a key player in the renewable energy sector, helping businesses optimize their energy procurement strategies.

What Are PTC India’s Future Growth Prospects?

Looking ahead, PTC India expects sustained growth in the power trading volume, driven by increasing demand and evolving market trends. The company is focusing on expanding its reach in both the conventional and renewable energy sector, ensuring a diversified portfolio that meets the needs of various consumers.

Dr. Jhawar highlighted that as electricity consumption continues to rise, the need for efficient trading mechanisms will become even more critical. PTC India is actively working on enhancing its technological capabilities, streamlining transaction processes, and strengthening partnerships to support the evolving energy landscape.

The company also aims to deepen its involvement in cross-border electricity trading, given its mandate to facilitate power transactions with neighboring countries, including Bhutan, Nepal, and Bangladesh. These initiatives will further cement PTC India’s role as a leader in the power trading market.