Expect Short-Term Margins To Stay Volatile: Deepak Amitabh, PTC India
  • WebDesk BTVI
  • Aug 08 2019

PTC India posted mixed June quarter results with consolidated net profit down 19 per cent year-on-year at Rs 87.8 crore, revenue from operations up 45 per cent at Rs 5,367 crore and provisions for expected credit loss at Rs 62 crore vs Rs 17 crore YoY. Speaking to BTVI, Deepak Amitabh, CMD at PTC India, said the firm was able to deliver strong growth despite challenges in the economy. He expects short-term margins to remain volatile going ahead. Here's more.