Priyanka
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Defense sector company PTC Industries, part of the BSE 500 index, delivered an impressive financial performance in the December 2024 quarter (Q3 FY2024). The company's consolidated net profit surged by 76%, reaching ₹14.24 crores, compared to ₹8.08 crores in the same period last year.
- Total revenue for the quarter stood at ₹66.92 crores, reflecting a 21% year-on-year (YoY) growth.
- Profit before tax (PBT) saw an 83% jump to ₹19.07 crores compared to last year.
- Total expenses for the quarter rose 20% YoY to ₹58.03 crores.
Stock Performance and Returns
Despite the strong financial results, PTC Industries' stock experienced a dip on Monday (February 17, 2025), falling 7% to ₹12,165 per share. However, long-term investors have reaped significant returns:
- 1-year return: 44%
- 2-year return: 333%
- 3-year return: 626%
- 5-year return: 8,500%
The stock's 52-week high and low stand at ₹17,978 and ₹7,025.05, respectively.
Market Capitalization
The company's market capitalization is valued at ₹18,228.19 crores, reinforcing its strong position in the defense and industrial manufacturing sector.
About PTC Industries
PTC Industries specializes in manufacturing high-quality, precision-engineered metal components catering to aerospace, defense, and industrial sectors. With a solid foundation and increasing demand in the defense industry, the company's stock remains on investors' radar.
