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Writer's pictureCA Vishnu Agarwal

PTC India Financial Services Ltd. Q4FY24 and FY24 Results:


PTC India Financial Services (PFS) reported its financial results for the quarter (Q4) and year ending March 31, 2024 (FY24).


Q4FY24 Financial Highlights:


  • Total Income: ₹176.92 crore (compared to ₹199.70 crore in Q4FY23)

  • Profit Before Tax (PBT): ₹19.27 crore (compared to ₹45.45 crore in Q4FY23)

  • Profit After Tax (PAT): ₹13.85 crore (compared to ₹36.41 crore in Q4FY23)

  • Yield on Earning Portfolio: Improved to 11.91% (from 10.61% in Q4FY23)

  • Debt Equity Ratio: Improved to 1.54 times (from 2.09 times in Q4FY23)

  • Net Interest Margin (NIM): Increased to 4.92% (from 4.35% in Q4FY23)


FY24 Financial Highlights:


PFS did not provide a consolidated summary of the annual results in the available information. However, the quarterly results indicate a decline in income and profitability compared to the same quarter in the previous year.


Key Points:


  • Lower Profitability: PFS reported lower profit before and after tax in Q4FY24 compared to the corresponding quarter in the previous year.

  • Improved Financial Ratios: Despite the decline in profitability, the company showed improvement in key financial ratios like yield on earning portfolio, debt-equity ratio, and net interest margin.


Further Information:


For a detailed analysis of the results and insights into the company's performance, you can refer to the following resources:


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