Hot Pursuit     19-Jan-23
PTC India Financial hits the roof as board appoints S Gopal as CFO
PTC India Financial Services (PFS) was locked in upper circuit of 5% at Rs 18 after the company's board approved the selection of S Gopal as a director (finance) and chief financial officer (CFO) of the company.
The company said that Gopal's appointment will be effective from the date of his joining and will be subject to completion of his joining formalities and submission of his relieving letter.

S Gopal is a graduate in commerce and associate member of Institute of Cost Accountant of India. He is currently working with EESL since 2016 and holding the position of group executive director (commercial). He has about 30 years of experience in the power sector. He has experience in the areas of resource mobilization, treasury management, accounts & audit, taxation, contract management and commercial aspects of projects.

PFS is a systemically important non-deposit taking NBFC classified as 'Infrastructure Finance Company (IFC)' by RBI. PFS is structured as a 'one-stop shop' for financing of energy value chain and select sectors of infra projects like power, road, port, logistics etc. with focus on renewable energy and sustainable development.

On a consolidated basis, PFS' net profit rose 0.4% to Rs 52.66 crore on 19.2% decline in net sales to Rs 195.84 crore in Q2 FY23 over Q2 FY22.

Previous News
  PTC India Financial Services consolidated net profit declines 27.29% in the June 2023 quarter
 ( Results - Announcements 28-Jul-23   15:21 )
  PTC India Financial Services receives revision in credit ratings
 ( Corporate News - 15-Jun-24   10:55 )
  PTC India Financial Services consolidated net profit declines 80.82% in the March 2020 quarter
 ( Results - Announcements 15-Jun-20   08:17 )
  ICRA downgrades ratings of PTC India Financial with 'negative' outlook
 ( Hot Pursuit - 15-Jun-24   12:54 )
  PFS advances on retrieving Rs 125 cr from ITPCL's stressed loan account
 ( Hot Pursuit - 06-Dec-21   09:50 )
  PTC India Financial Services revises board meeting date
 ( Corporate News - 13-May-23   11:50 )
  PTC India Financial Services update on resolution of stressed account of NRSS XXXVI Transmission
 ( Corporate News - 15-Nov-21   13:21 )
  PTC India Financial Services standalone net profit rises 31.77% in the December 2018 quarter
 ( Results - Announcements 09-Feb-19   17:06 )
  PTC India Financial Services consolidated net profit rises 13.50% in the September 2023 quarter
 ( Results - Announcements 28-Oct-23   07:38 )
  PTC India Financial Services schedules board meeting
 ( Corporate News - 22-Jul-23   12:16 )
  PTC India Financial Services
 ( Analyst Meet / AGM - Conference Call 05-Aug-19   15:45 )
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