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PPAP Automotive grows by 14.90% y-o-y

By Swati Deshpande,

Added 25 May 2017

PAT of Rs. 26.21 crore, up by 86.81%

PPAP Automotive Limited (PPAP) recently declared its financial results for the fourth quarter and full year ended March 31, 2017. The company reported Net Profit of Rs. 8.74 crore for Q4FY17, up by 106.13%, as compared to Rs. 4.24 crore in the corresponding quarter of last fiscal.The company's Q4FY17 PAT margin stood at a robust 9.15%, as compared to 5.50% in Q4FY16.

Total Income for the quarter ended March 31, 2017 stood at Rs. 95.50 crore, up by 23.91%, as compared to Rs. 77.07 crore in the same period last year. PPAP's Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q4FY17 stood at Rs. 20.30 crore, up 57.61%. The company's EBITDA margin improved from 16.71% in Q4FY16 to 21.26% in Q4FY17.

Earnings per share (EPS) for the quarter ended Q4FY17 stood at Rs. 6.24, as compared with Rs. 3.03 for the quarter ended Q4FY16.

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