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PPAP Automotive Ltd Q1FY24; 5% fall in Revenue

PPAP Automotives was Incorporated in 1985, it is a leading manufacturer of automotive sealing systems, interior and exterior automotive parts in India. The company is in the business of developing Automotive Body Sealing systems as well as Interior and Exterior Injection moulded parts.

Financial Results:

PPAP Automotive Ltd reported Revenues for Q1FY24 of ₹116.45 Crores down from ₹123.22 Crore year on year, a fall of 5.49%.

Total Expenses for Q1FY24 of ₹122.14 Crores down from ₹122.33 Crores year on year, a fall of 0.16%.

Consolidated Net Profit of -₹2.75 Crores from ₹0.58 Crores in the same quarter of the previous year.

The Earnings per Share is -₹1.96, from ₹0.41 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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