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PPAP Automotive standalone net profit declines 62.66% in the September 2019 quarter

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Capital Market

Sales decline 28.11% to Rs 85.29 crore

Net profit of PPAP Automotive declined 62.66% to Rs 4.32 crore in the quarter ended September 2019 as against Rs 11.57 crore during the previous quarter ended September 2018. Sales declined 28.11% to Rs 85.29 crore in the quarter ended September 2019 as against Rs 118.64 crore during the previous quarter ended September 2018. ParticularsQuarter EndedSep. 2019Sep. 2018% Var.Sales85.29118.64 -28 OPM %12.7120.36 -PBDT10.2923.08 -55 PBT3.9116.57 -76 NP4.3211.57 -63

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First Published: Oct 22 2019 | 4:17 PM IST

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