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22-May2018

PPAP Automotive reports 64% rise in Q4 net profit

PPAP Automotive has reported results for the fourth quarter and year ended March 31, 2018. 

The company has reported a rise of 63.84% in its net profit at Rs 14.09 crore for the quarter ended March 31, 2018 as compared to Rs 8.60 crore for the same quarter in the previous year. Total income of the company increased by 12.34% at Rs 128.09 crore for quarter under review as compared to Rs 114.02 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 49.34% in its net profit at Rs 37.41 crore as compared to Rs 25.05 crore for the previous year. Total income of company increased by 4.09% at Rs 411.43 crore for year under review as compared to Rs 395.25 crore for the year ended March 31, 2017.


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