The result was announced after market hours on Tuesday, 28 January 2014.

Meanwhile, the BSE Sensex was up 104.56 points, or 0.51%, to 20,788.07.

On BSE, so far 4.83 lakh shares were traded in the counter, compared with an average volume of 3.11 lakh shares in the past one quarter.

The stock hit a high of Rs 14.63 and a low of Rs 14.07 so far during the day. The stock hit a record low of Rs 9.50 on 22 August 2013. The stock hit a 52-week high of Rs 17.10 on 29 January 2013.

The stock had outperformed the market over the past one month till 28 January 2014, rising 2.77% compared with the Sensex's 2.41% fall. The scrip had also outperformed the market in past one quarter, rising 22.95% as against Sensex's 0.55% rise.

The small-cap company has an equity capital of Rs 562.08 crore. Face value per share is Rs 10.

During the quarter ended 31 December 2013, PTC India Financial Services (PFS) sold its equity stake in Meenakshi Energy, resulting in a profit of Rs 82.16 crore on sales thereof. Other operating income included fee based income, income from sale of power, income earned on investments in mutual funds and non-trade investments and interest income on fixed deposits.

PFS' interest income jumped 64% to Rs 112.63 crore in Q3 December 2013 over Q3 December 2012. Net interest income (NII) grew 33.66% to Rs 55.31 crore in Q3 December 2013 over Q3 December 2012. Net interest margin (NIM) stood at 6.78% in Q3 December 2013 from 8.33% in Q3 December 2012. Cost of funds remained competitive, at 9.08% in Q3 December 2013 from 8,30% in Q3 December 2012.

As on 31 December 2013, PFS reported nil net non-performing assets (NPAs). Total outstanding loan assets rose 67% to Rs 3354 crore (as on 31 December 2013) from Rs 2010 crore (as on 31 December 2012). Total debt sanctioned was reported at Rs 10462 crore (as on 31 December 2013).

Commenting on the performance, Mr. R M Malla - Managing Director & CEO said: "I am pleased with the robust set of numbers posted by PFS in Q3 FY14. Our interest income showed a growth of 64% on account of increasing loan book to Rs 3354 crores as at 31 December 2013. I am happy to share that during Q3 FY14, PFS earned a profit of Rs 82.17 crore by divesting its stake in Meenakshi Energy. There is a vast opportunity waiting to be tapped and a nimble & financially astute model such as ours is well placed to drive performance going forward. The exit from Meenakshi Energy during the quarter strengthens our growth profile and further augments to healthy balance sheet. PFS maintains a strong focus on growing its loan book and continues to strengthen its portfolio in infrastructure projects across the energy value chain to sustain the growth momentum."

Pursuant to the notification dated December 29,2011 issued by the Ministry of Corporate Affairs amending the Accounting Standard 11, the company has exercised the option as per Para 46A inserted in the Standard for all long-term monetary assets and liabilities. Consequently, an amount of Rs 61.36 crore (gross of tax) is remaining to be amortised in 'Foreign Exchange Monetary Item Translation Difference Accounts' as at 31 December 2013. The company has entered into derivative contracts for hedging its foreign currency risk, the company said in a statement.

PFS' main business is to provide finance for energy value chain through investment and lending into such projects. All other activities revolve around the main business.