{"id":5030,"date":"2024-11-16T15:40:53","date_gmt":"2024-11-16T10:10:53","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5030"},"modified":"2024-11-16T15:40:55","modified_gmt":"2024-11-16T10:10:55","slug":"ptc-industries-q2-profit-surges-112-to-%e2%82%b917-31-crore-on-strong-revenue-growth","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/ptc-industries-q2-profit-surges-112-to-%e2%82%b917-31-crore-on-strong-revenue-growth\/","title":{"rendered":"PTC Industries Q2 Profit Surges 112% to \u20b917.31 Crore on Strong Revenue Growth"},"content":{"rendered":"\n<p>PTC Industries reported a significant 112% jump in net profit for the July-September 2024 quarter, reaching \u20b917.31 crore, compared to \u20b98.14 crore in the same period last year. The company&#8217;s robust performance was supported by strong revenue growth and a boost in total income.<\/p>\n\n\n\n<p>Revenue from operations climbed 25.84% to \u20b972.36 crore, up from \u20b957.51 crore in the corresponding quarter of the previous year. Total income for the quarter stood at \u20b980.78 crore, a sharp increase from \u20b960.28 crore in Q2 FY24.<\/p>\n\n\n\n<p>However, expenses also saw an uptick, rising to \u20b958.75 crore compared to \u20b949.78 crore in the same period a year ago.<\/p>\n\n\n\n<p>Earlier in September, PTC&#8217;s subsidiary, namely Aerolloy Technologies, received a sizeable order from Israel Aerospace Industries-Issuing for supplying products of titanium cast components in aerospace applications. This falls in line with the company&#8217;s expertise in providing metal components of high precision to critical sectors such as aerospace, Defence, and Industrial Operations.<\/p>\n\n\n\n<p>With manufacturing facilities in Uttar Pradesh and Gujarat, PTC Industries has reinvented its presence in international markets by capitalizing on advanced manufacturing capabilities.<\/p>\n\n\n\n<p>Do you have a news tip for Lakshmishree reporters? Please email us at <a>media@lakshmishree.com<\/a><\/p>\n\n\n\n<p><sub><sup>Source: <a href=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/ptc-industries-q2-jumps-112-to-rs-17-31-crore-12868646.html\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.moneycontrol.com\/news\/business\/earnings\/ptc-industries-q2-jumps-112-to-rs-17-31-crore-12868646.html\" rel=\"noreferrer noopener\">Moneycontrol<\/a><\/sup><\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PTC Industries reported a significant 112% jump in net profit for the July-September 2024 quarter, reaching \u20b917.31 crore, compared to \u20b98.14 crore in the same period last year. The company&#8217;s robust performance was supported by strong revenue growth and a boost in total income. Revenue from operations climbed 25.84% to \u20b972.36 crore, up from \u20b957.51 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5031,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[62],"tags":[686],"class_list":["post-5030","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-results","tag-ptc-industries-q2"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5030"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5030\/revisions"}],"predecessor-version":[{"id":5032,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5030\/revisions\/5032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5031"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}