PPAP Automotive standalone net profit rises 106.13% in the March 2017 quarter

Sales rise 23.57% to Rs 94.83 crore

Net profit of PPAP Automotive rose 106.13% to Rs 8.74 crore in the quarter ended March 2017 as against Rs 4.24 crore during the previous quarter ended March 2016. Sales rose 23.57% to Rs 94.83 crore in the quarter ended March 2017 as against Rs 76.74 crore during the previous quarter ended March 2016.

For the full year,net profit rose 56.58% to Rs 23.91 crore in the year ended March 2017 as against Rs 15.27 crore during the previous year ended March 2016. Sales rose 13.44% to Rs 341.16 crore in the year ended March 2017 as against Rs 300.75 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales94.8376.74 24 341.16300.75 13 OPM %21.4116.78 -18.9017.31 - PBDT19.5811.94 64 60.7445.52 33 PBT13.366.39 109 36.3522.76 60 NP8.744.24 106 23.9115.27 57

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