The consolidated financial results for the year ended March 31, 2026, incorporate the performance of associate entities R.S. India Wind Energy Private Limited and Varam Bio Energy Private Limited. Due to the carrying value of these investments reaching zero in previous years, PFS reported a “Nil” share of profit or loss from these associates for the current period. Notably, the investment in Varam Bio Energy was fully written off during FY 2025-26 as the entity is currently under liquidation. Consequently, PFS has decided to cease the consolidation of these entities starting from the 2026-27 financial year.

PTC India Financial Services Limited functions as a subsidiary of PTC India Limited, catering to the evolving financing needs of the Indian power and infrastructure sectors. The company is currently undergoing a leadership transition following the resignation of its Managing Director & CEO, effective June 30, 2026. To ensure stability, Mr. Rajiv Malhotra has been appointed as an Additional Director (Nominee Director) as part of the ongoing process to recruit new executive leadership.