PTC India Financial Services Appoints Shri Pikkili Ramana Murthy as Independent Director

PTC India Financial Services Limited has officially announced the appointment of Shri Pikkili Ramana Murthy as Additional Director in the capacity of Independent Director. The company's Board of Directors approved this appointment in their meeting held on December 19, 2025, following the recommendation of the Nomination and Remuneration Committee.

Board Meeting Details and Appointment Terms

The board meeting commenced at 2:30 PM and concluded at 5:00 PM on December 19, 2025, resulting in the formal approval of the new directorship appointment.

Parameter:	Details
Appointee:	Shri Pikkili Ramana Murthy
DIN:	07815852
Position:	Additional Independent Director
Term:	3 consecutive years
Effective Date:	December 19, 2025
Rotation Status:	Not liable to retire by rotation
Approval Required:	Subject to shareholder approval

Professional Background and Banking Expertise

Shri Pikkili Ramana Murthy brings over 32 years of extensive experience in the banking industry to his new role. He holds a Bachelor's degree in Agriculture and is a certified associate member of the Indian Institute of Bankers.

His distinguished banking career began at Allahabad Bank as an Agriculture Officer, where he gained comprehensive experience across diverse geographical locations including Metro, Urban, Semi-Urban, and Rural areas. During his tenure at Allahabad Bank, he served in various capacities including Zonal Head of Rajasthan Zone and Field General Manager, South at Hyderabad.

Area of Expertise:	Specialization
Credit Management:	Corporate Credit, Retail Credit, MSME
Risk Operations:	Risk Management, Credit Monitoring
Recovery:	Recovery and Rehabilitation
Operations:	Treasury and International Banking
Administration:	Branch and Zone Administration, Compliance
Leadership:	Human Resources Division

Senior Executive Positions

Shri Murthy has held several key leadership positions throughout his career, demonstrating his expertise in financial services management.

Central Bank of India

As Executive Director at Central Bank of India, he successfully managed multiple divisions and served as a member of various Board Sub-Committees including Audit Committee, Operational Risk Management Committee, Credit Risk Management Committee, and HR Committee.

Other Notable Positions

Additional Director at New India Assurance: Contributed to successful capital raising through IPO
Non-Executive Chairman at Cent Bank Home Finance: Led the NBFC for Home Finance
Current Appointments: Serving as Independent Director in two other companies

Educational Qualifications and Professional Development

Shri Murthy has undergone comprehensive management development programs at prestigious institutions to enhance his leadership capabilities.

Institution:	Program
Administrative Staff College of India, Hyderabad:	Management Development Programme
MDI Gurgaon:	Management Development Programme
IIM Kolkata:	Management Development Programme
Kellogg School of Management, Northwestern University, Chicago:	Leadership Development for Corporate Excellence

Regulatory Compliance and Corporate Governance

The appointment has been made in strict adherence to corporate governance practices and regulatory requirements. The company has confirmed that Shri Murthy is not debarred from holding the office of Director by virtue of any SEBI order or any other authority. Additionally, he is not related to any other Director or Key Managerial Personnel of the company.

This announcement has been made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication is available on the company's website at www.ptcfinancial.com and has been filed with both BSE Limited and National Stock Exchange of India Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.70%	-2.31%	-1.96%	-19.72%	-17.09%	+76.84%

PTC India Financial Services Limited (PFS) has reported a significant improvement in its financial performance for the quarter ended September 30, 2025, with profit after tax soaring to ₹88.14 crore, marking a 278% increase from ₹24.02 crore in the same period last year.

Key Financial Highlights

Quarterly Performance: Profit after tax for Q2 reached ₹88.14 crore, up from ₹24.02 crore year-over-year.
Half-Year Results: For the six-month period, profit after tax stood at ₹224.77 crore, compared to ₹63.41 crore in the previous year.
Total Income: The company reported a total income of ₹131.86 crore for the quarter.

Asset Resolution and Upgrades

PFS has made significant strides in resolving non-performing assets:

Received ₹25.00 crore from NSL Nagapatnam Power and Infratech Limited.
Recovered ₹115.61 crore from Vento Power Infra Private Limited.
Upgraded IL&FS Tamilnadu Power Co. Limited to standard category following regulatory approval.

Financial Position

The company maintains a strong financial position:

Capital Adequacy Ratio: 62.63%
Net Worth: ₹2,978.16 crore as of September 30, 2025

Debt Profile

PTC India Financial Services' debt-to-equity ratio stands at 0.76, indicating a conservative leverage position. The total debt to total assets ratio is 42.04%, suggesting a balanced approach to financing.

Profitability Metrics

Metric	Quarter	Half-Year
Operating Margin	89.21%	96.29%
Net Profit Margin	66.84%	82.00%

Asset Quality

Gross Stage 3 Ratio: 5.23%
Net Stage 3 Ratio: 1.32%

These figures indicate the company's improving asset quality and effective management of non-performing assets.

Conclusion

PTC India Financial Services Limited's strong Q2 results reflect its robust financial management and successful efforts in asset resolution. The substantial increase in profitability, coupled with improvements in asset quality, positions the company well in the infrastructure financing sector.