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This Article is From Nov 09, 2015

PTC India Financial Services September Quarter Profit Rises Five-Fold

PTC India Financial Services (PFS) on Monday posted a more than five-fold increase in net profit after tax at Rs 211.25 crore for the quarter ended September 30, 2015.

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PTC India Financial Services September Quarter Profit Rises Five-Fold
New Delhi: PTC India Financial Services (PFS) on Monday posted a more than five-fold increase in net profit after tax at Rs 211.25 crore for the quarter ended September 30, 2015.

The company had logged a net profit after tax of Rs 38.13 crore for the corresponding period a year ago, it said in a filing to the BSE.

Total income from operations increased to Rs 442.28 crore as against Rs 199.38 crore in the year-ago period.

PFS is a non-banking finance company promoted by PTC India Limited.

It has been granted infrastructure finance company status by the Reserve Bank of India.

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