PPAP Automotive standalone net profit declines 10.55% in the March 2016 quarter

Sales decline 21.51% to Rs 76.74 crore

Net profit of PPAP Automotive declined 10.55% to Rs 4.24 crore in the quarter ended March 2016 as against Rs 4.74 crore during the previous quarter ended March 2015. Sales declined 21.51% to Rs 76.74 crore in the quarter ended March 2016 as against Rs 97.77 crore during the previous quarter ended March 2015.

For the full year,net profit rose 26.93% to Rs 15.27 crore in the year ended March 2016 as against Rs 12.03 crore during the previous year ended March 2015. Sales declined 5.57% to Rs 300.75 crore in the year ended March 2016 as against Rs 318.50 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales76.7497.77 -22 300.75318.50 -6 OPM %16.7812.73 -17.3112.68 - PBDT11.9411.00 9 45.5237.38 22 PBT6.395.93 8 22.7615.84 44 NP4.244.74 -11 15.2712.03 27

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