PTC India, the leading provider of power trading solutions in India, witnessed a rise in share price on Wednesday after the company posted a marginal rise in standalone net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 4.52% to Rs 1,006.60 million from Rs 963.10 million in the same quarter previous year.

Revenues for the quarter declined 16.41% to Rs 35,209.90 million, compared with Rs 42,122.90 million for the prior year period.

Operating margin for the quarter stood at 2.32 percent as compared to 1.96 percent for the previous year period. Operating Income for the quarter was Rs 815.90 million, compared with Rs 823.9 million in the previous year period. 

Shares of PTC India are trading at Rs 65.80, up Rs 1.45, or 2.25% at the Bombay Stock Exchange (BSE) on Wednesday at 1:43 p.m.

The scrip has touched an intra-day high of Rs 66.25 and low of Rs 64.85. The total volume of shares traded at the BSE is 95,159.