Latest News | PTC Industries Posts Rs 14 Cr Profit in Q3
Get latest articles and stories on Latest News at LatestLY. Metal components maker PTC Industries on Monday posted Rs 14.2 crore net profit in the December quarter, aided by higher income.
New Delhi, Feb 17 (PTI) Metal components maker PTC Industries on Monday posted Rs 14.2 crore net profit in the December quarter, aided by higher income.
It had posted Rs 8 crore net profit a year earlier, the company said in an exchange filing.
The company's total income rose to Rs 77.1 crore from Rs 59 crore in the year-ago quarter.
During the quarter, it acquired 100 per cent ownership of Trac Holdings, which owns Trac Precision Solutions -- a UK-based company specialising in precision-machined components for the aerospace, defence, and power generation sectors.
Also Read | What Is 'Fake Number' or 'Fake Website' Scam on Google? How Can You Protect Yourself From Scammers?.
Shares of the company ended 8.98 per down at Rs 11,922.05 apiece on the BSE.
(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)