PTC Industries reports 112 percent profit surge in second quarter results

PTC Industries achieved an impressive 112% rise in net profit for the September 2024 quarter, with a total of Rs 17.31 crore, compared to Rs 8.14 crore in the same period last year.

The company's revenue from operations also experienced significant growth, reaching Rs 72.36 crore, up from Rs 57.51 crore in the previous year. However, expenses for PTC Industries increased to Rs 58.75 crore from Rs 49.78 crore year-over-year.

Despite this, the total income for the quarter rose to Rs 80.78 crore, reflecting a strong sales increase of 25.84% compared to Rs 60.28 crore a year ago.

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