PTC India's Q3FY17 standalone results for the quarter came in mixed versus consensus estimates. Revenue for the quarter came in 4.8 % lower than the estimated figure of Rs. 3267.6 crores. EBITDA for the quarter came in 16.4 % higher than the estimated figure of Rs. 46.1 crores. And lastly, net profit for the quarter came in 12.5 % lower than the estimated figure of Rs. 48.625 crores.
PTC India standalone revenue for the quarter came in at Rs. 3111.69 crores, registering a 7.8% yoy increase.
EBITDA for the quarter fell by 6.7% yoy to Rs. 54 crores with a corresponding margin contraction of 27 bps. EBITDA margin for the quarter stood at 1.7%. This margin contraction was aided by increase in Employee Benefit Expenses by 8% yoy.
The PAT for the quarter came in at Rs. 43 crores, a yoy decline of 9.1%. This was due to 127% increase in finance cost.