Net profit for the March quarter declined 69.3% year-on-year to ₹105 crore from ₹343.4 crore in the corresponding period last year. Revenue, however, rose 33.3% to ₹3,897.5 crore from ₹2,924 crore, reflecting higher business volumes during the quarter.
EBITDA fell 6.9% year-on-year to ₹145 crore from ₹156 crore, while EBITDA margin contracted sharply to 3.7% from 5.3% a year earlier.
Ahead of the earnings announcement, shares of PTC India closed 0.8% higher at ₹206.90 on the NSE.
The company’s board recommended a final dividend of ₹5.5 per share for FY26, subject to shareholder approval at the upcoming annual general meeting. The record date for the dividend will be announced separately.
PTC India has remained in focus this year following significant changes proposed to its promoter and management structure. In January 2026, the Ministry of Power issued an office memorandum under which NTPC would emerge as the sole promoter of the company, while PFC, POWERGRID and NHPC would relinquish promoter rights and withdraw their nominee directors from the board.
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The restructuring proposal also included splitting the current Chairman and Managing Director role, with NTPC’s CMD proposed to become Non-Executive Chairman of PTC India, while the company’s existing CMD would be redesignated as Managing Director.
