New Delhi, May 27 (PTI) Power trading solution provider PTC India Ltd on Saturday posted a 17.67 per cent fall in its consolidated net profit at Rs 129.34 crore during the March quarter, dragged by higher expenses.

Its net profit was Rs 157.11 crore during the January March quarter of FY22, the company said in a regulatory filing.

Also Read | Tata Power Collaborates With Ranchi Airport To Install EV Charging Points.

The company's total income, however, rose to Rs 3,643.02 crore from Rs 3,107.04 crore in the year-ago quarter.

Expenses too grew to Rs 3,471.95 crore as against Rs 2,890.57 crore a year ago.

Also Read | India Weather Forecast: IMD Issues Orange Alert for Haryana, Rajasthan, Uttar Pradesh Amid Possibility of Thunderstorms in Delhi for Next 3-4 Days.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)