Consolidated profit for the year ending March 2022 increased by 21 percent. (Representative)
new Delhi:
Power trading solutions provider PTC India today said its shareholders have approved a final dividend of Rs 5.80 per equity share for 2021-22.
This final dividend is in addition to an interim dividend of Rs 2 per equity share, a company statement said.
The shareholders approved the final dividend in addition to the interim dividend during the Annual General Meeting (AGM) on December 30, 2022, making it the highest dividend declared by the company.
We are also exploring opportunities in the emerging areas of green hydrogen, battery energy storage systems in collaboration with global technology companies,” said Rajib K Mishra, CMD (Additional Charge), PTC India.
Meanwhile, the consolidated profit for the year ending March, 2022 increased by 21 per cent. Consolidated PAT (Profit After Tax) increased to Rs 552 Crore for FY22 as compared to Rs 458 Crore in FY21.
The company recorded a record volume of 87.5 BUs (Billion Units) during the financial year 2021-22, a growth of 9.3 per cent.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
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