PTC India Ltd's net profit for the three month period ended March 31, 2010 dropped 10.70%to Rs 13.85 crore as against Rs 15.51 crore posted during the corresponding period of 2009.

But, the total income of the power trading firm grew by 4.99% to Rs 1,256.67 crore in Q4FY10 as against Rs 1,196.92 crore in Q4FY09.

For the financial year ended March 31, 2010, the firm recorded an increase of 3.35% in its profit, which stood at Rs 93.88 crore as against Rs 90.83 crore for the year ended March 31, 2009.

Total Income has surged 18.39% to Rs 7,843.81 crore in FY10 as against Rs 6,624.93 crore in FY09.

PTC India Ltd, the top provider of power trading solutions in India, is a Government of India started Public-Private Partnership, whose main objective is to build up a commercially vibrant power market in India.

PTC is the innovator in developing and carrying out the idea of power trading in the country and has successfully showcased its effectiveness in optimally utilizing the existing infrastructure in India to the benefit of all. (With Inputs from Agencies)