Latest news with #PTCIndia
Business Standard
08-08-2025
- Business
- Business Standard
PTC India consolidated net profit rises 12.16% in the June 2025 quarter
Sales decline 11.96% to Rs 3976.31 croreNet profit of PTC India rose 12.16% to Rs 195.05 crore in the quarter ended June 2025 as against Rs 173.90 crore during the previous quarter ended June 2024. Sales declined 11.96% to Rs 3976.31 crore in the quarter ended June 2025 as against Rs 4516.73 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% -12 OPM %7.255.40 -PBDT291.10205.32 42 PBT288.74203.05 42 NP195.05173.90 12 Powered by Capital Market - Live News
News18
07-08-2025
- Business
- News18
PTC India Q1 profit jumps 61 pc to Rs 243 cr
Last Updated: New Delhi, Aug 7 (PTI) PTC India on Thursday posted over 61 per cent rise in consolidated profit from continuing operation at Rs 242.88 crore for June quarter FY26 mainly due to lower expenses. The power trading solutions provider posted Profit After Tax (PAT) from continuing operation at Rs 150.76 crore in the year-ago period. Total expenses declined to Rs 3,815.49 crore from Rs 4,486.14 crore, a company statement said. The earning per share (EPS) of the company increased to Rs 6.59 in the quarter from Rs 5.87 in Q1FY25. Income from trading business grew 8 per cent to Rs 77.61 crore in the quarter under review. The standalone PAT was lower by 2 per cent at Rs 140.96 crore, on account of lower rebate & surcharge incomes. The trading volume was up 13 per cent in the quarter to 23,042 million units (MU) from 20,464 MUs in Q1FY25. Consulting income in the quarter stood at Rs 9.88 crore. Core trading margin stood at 3.37 paise per unit. 'A healthy mix of volume from trades across different tenures has contributed to the growth of 13 per cent in trading volume in Q1FY 26. The short-term has contributed 60 per cent of the volume and balance has been contributed by medium- & long-term contracts," Manoj Kumar Jhawar, Chairman & Managing Director said. PTC India, a Government of India initiative, is the pioneer in starting a power market in India. PTC has been mandated by the government to trade electricity with Bhutan, Nepal and Bangladesh. The activities undertaken by PTC include long-term trading of power generated from large projects including renewables as well as short-term trading arising as a result of supply and demand mismatches, which occur in various regions of the country. PTI KKS ANU view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
24-07-2025
- Business
- Mint
Why is PTC India share price skyrocketing despite weak market sentiments? Experts see IEX connect
Small-cap stock PTC India rallied nearly 9% in intraday deals on Thursday, July 24, as investors cheered the power regulator's decision to implement market coupling from next year onwards. While this move elicited a sharp drop in IEX share price, which entered into a free fall, it gave PTC India investors a reason to cheer. PTC India share price jumped as much as 8.80% on the BSE to ₹ 206.90 apiece in intraday deals today. This rally holds prominence as it comes despite a crash in the Indian stock market, as Sensex and Nifty lost nearly 0.70% each. According to analysts, IEX's loss is PTC India's gain! The latest regulations introduced by the Central Electricity Regulatory Commission (CERC) are expected to impact the market dominance of the Indian Energy Exchange (IEX), contributing to the recent decline in its stock price. However, these changes could benefit competitors such as Hindustan Power Exchange, which is well-positioned to gain market share. This development is positive news for PTC India shareholders, as the company holds a significant stake in Hindustan Power Exchange alongside BSE and ICICI Bank. Power Exchange of India is another player in the segment, promoted by NSE and NCDEX. "PTC India can be a significant beneficiary of this regulation going ahead because of its smaller size, the power exchange market share gain could add significant value to its market cap," said Avinash Gorakshkar, a SEBI-registered fundamental analyst. IEX currently holds an 85% market share.
Time of India
24-07-2025
- Business
- Time of India
IEX loss is PTC India's gain. Here's how power coupling impacts shareholders
PTC India shares jumped as CERC's approval of market coupling is seen benefiting its Hindustan Power Exchange stake, while IEX tumbled on fears of losing pricing dominance. The new regime will centralise power price discovery, potentially reshaping India's electricity trading landscape and impacting shareholder value. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Shares of PTC India surged 8.8% to an intraday high of Rs 206.90 on the BSE on Thursday after the Central Electricity Regulatory Commission (CERC) officially approved the implementation of market coupling in India's electricity trading announcement triggered contrasting reactions across power exchange-linked counters, with shares of Indian Energy Exchange (IEX) falling sharply by 26% while PTC India gained ground due to its stake in Hindustan Power Exchange—one of the expected beneficiaries of the new coupling, as announced by the CERC late Wednesday, involves the centralised matching of bids from various power exchanges to arrive at a uniform market clearing price. This move is aimed at achieving price convergence across different electricity markets and streamlining the process of price begin with, the coupling will apply to the Day-Ahead Market (DAM) segment and will follow a 'round-robin' mode for operator rotation, with implementation targeted by January new system stipulates that all registered power exchanges will take turns acting as the market coupling operator, with Grid-India designated as the backup and audit operator. The CERC has further directed all exchanges to share data with Grid-India and support the phased phases may include coupling the real-time market and term-ahead market following additional consultations and pilot IEX is the dominant platform for electricity spot price discovery in India. However, under the new framework, other exchanges, including Hindustan Power Exchange , will also participate in market coupling is expected to dilute IEX's influence in the price discovery process and create more equitable market is anticipated that the regulatory change may affect IEX's long-held pricing advantage and trading volumes. As a result, IEX shares declined sharply during Thursday's session. In contrast, PTC India shares rallied as the market cheered the prospects of its associated platform, Hindustan Power Exchange, gaining relevance and visibility under the new market structure.'The move is a regulatory game-changer—it transfers price discovery from individual exchanges to a central clearing mechanism managed by the Grid Controller of India. This undermines IEX's historical dominance in setting spot electricity prices,' said Harshal Dasani, Business Head at INVasset, IEX commands over 90% market share in the Day-Ahead Market (DAM) and Real-Time Market (RTM), both of which contribute significantly to its revenue.'With centralised price determination, the very role that made IEX indispensable, competitive price discovery, stands diluted. That means less trading advantage, lower transaction margins, and shrinking moats,' he believes that with the core business model under pressure and limited clarity on long-term profitability, markets have rightly reacted. For IEX, the days of monopoly-like pricing power may now be history.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
24-07-2025
- Business
- Economic Times
IEX loss is PTC India's gain. Here's how power market coupling impacts shareholders
PTC India shares jumped as CERC's approval of market coupling is seen benefiting its Hindustan Power Exchange stake, while IEX tumbled on fears of losing pricing dominance. The new regime will centralise power price discovery, potentially reshaping India's electricity trading landscape and impacting shareholder value. Tired of too many ads? Remove Ads What is market coupling? Tired of too many ads? Remove Ads How will market coupling impact IEX? Tired of too many ads? Remove Ads Shares of PTC India surged 8.8% to an intraday high of Rs 206.90 on the BSE on Thursday after the Central Electricity Regulatory Commission (CERC) officially approved the implementation of market coupling in India's electricity trading announcement triggered contrasting reactions across power exchange-linked counters, with shares of Indian Energy Exchange (IEX) falling sharply by 26% while PTC India gained ground due to its stake in Hindustan Power Exchange—one of the expected beneficiaries of the new coupling, as announced by the CERC late Wednesday, involves the centralised matching of bids from various power exchanges to arrive at a uniform market clearing price. This move is aimed at achieving price convergence across different electricity markets and streamlining the process of price begin with, the coupling will apply to the Day-Ahead Market (DAM) segment and will follow a 'round-robin' mode for operator rotation, with implementation targeted by January new system stipulates that all registered power exchanges will take turns acting as the market coupling operator, with Grid-India designated as the backup and audit operator. The CERC has further directed all exchanges to share data with Grid-India and support the phased phases may include coupling the real-time market and term-ahead market following additional consultations and pilot IEX is the dominant platform for electricity spot price discovery in India. However, under the new framework, other exchanges, including Hindustan Power Exchange , will also participate in market coupling is expected to dilute IEX's influence in the price discovery process and create more equitable market is anticipated that the regulatory change may affect IEX's long-held pricing advantage and trading volumes. As a result, IEX shares declined sharply during Thursday's session. In contrast, PTC India shares rallied as the market cheered the prospects of its associated platform, Hindustan Power Exchange, gaining relevance and visibility under the new market structure.'The move is a regulatory game-changer—it transfers price discovery from individual exchanges to a central clearing mechanism managed by the Grid Controller of India. This undermines IEX's historical dominance in setting spot electricity prices,' said Harshal Dasani, Business Head at INVasset, IEX commands over 90% market share in the Day-Ahead Market (DAM) and Real-Time Market (RTM), both of which contribute significantly to its revenue.'With centralised price determination, the very role that made IEX indispensable, competitive price discovery, stands diluted. That means less trading advantage, lower transaction margins, and shrinking moats,' he believes that with the core business model under pressure and limited clarity on long-term profitability, markets have rightly reacted. For IEX, the days of monopoly-like pricing power may now be history.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
