PPAP Automotive consolidated net profit declines 20.62% in the March 2020 quarter

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Sales rise 4.44% to Rs 103.53 crore
Net profit of PPAP Automotive declined 20.62% to Rs 5.85 crore in the quarter ended March 2020 as against Rs 7.37 crore during the previous quarter ended March 2019. Sales rose 4.44% to Rs 103.53 crore in the quarter ended March 2020 as against Rs 99.13 crore during the previous quarter ended March 2019.For the full year,net profit declined 46.06% to Rs 18.20 crore in the year ended March 2020 as against Rs 33.74 crore during the previous year ended March 2019. Sales declined 12.52% to Rs 359.51 crore in the year ended March 2020 as against Rs 410.98 crore during the previous year ended March 2019.
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First Published: Jun 05 2020 | 4:30 PM IST