PTC Industries Q2 Earnings: Engineering components maker's PAT doubles to Rs 17 crore

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Engineering components shaper PTC Industries connected Monday said its PAT much than doubled to Rs 17.3 crore successful the September 2024 quarter, helped by higher income.

It had posted a Rs 8 crore nett aft taxation (PAT) successful the July-September play of the preceding 2023-24 fiscal year, the institution said successful an speech filing.

The full income roseate 34 per cent Rs 80.8 crore from 60.3 crore successful the 2nd 4th past fiscal.

Its Chairman and Managing Director Sachin Agarwal, "Q2FY25 has been a play of strategical maturation for our company. Our acquisition of a state-of-the-art blistery rolling mill from the USA volition importantly heighten our accumulation capabilities, allowing america to nutrient precocious titanium alloy plates and sheets for the aerospace and defence sectors".

Shares of the institution ended 0.55 per cent higher astatine Rs 11,152.60 apiece connected BSE connected Monday.

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