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PPAP Automotive consolidated net profit declines 53.93% in the December 2019 quarter

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Sales decline 15.91% to Rs 78.64 crore

Net profit of PPAP Automotive declined 53.93% to Rs 2.52 crore in the quarter ended December 2019 as against Rs 5.47 crore during the previous quarter ended December 2018. Sales declined 15.91% to Rs 78.64 crore in the quarter ended December 2019 as against Rs 93.52 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales78.6493.52 -16 OPM %12.2316.55 -PBDT9.1214.89 -39 PBT2.668.43 -68 NP2.525.47 -54

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First Published: Jan 30 2020 | 3:29 PM IST

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