PPAP Automotive consolidated net profit rises 20.17% in the March 2021 quarter

Sales rise 10.23% to Rs 114.12 crore

Net profit of PPAP Automotive rose 20.17% to Rs 7.03 crore in the quarter ended March 2021 as against Rs 5.85 crore during the previous quarter ended March 2020. Sales rose 10.23% to Rs 114.12 crore in the quarter ended March 2021 as against Rs 103.53 crore during the previous quarter ended March 2020.

For the full year,net profit declined 88.46% to Rs 2.10 crore in the year ended March 2021 as against Rs 18.20 crore during the previous year ended March 2020. Sales declined 10.38% to Rs 322.20 crore in the year ended March 2021 as against Rs 359.51 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales114.12103.53 10 322.20359.51 -10 OPM %13.8913.60 -9.7413.86 - PBDT16.2913.79 18 29.7047.77 -38 PBT9.637.34 31 3.2322.04 -85 NP7.035.85 20 2.1018.20 -88

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