PPAP zooms on impressive Q1FY18 results
DSIJ Intelligence / 14 Aug 2017
Leading manufacturer of Automotive Sealing Systems, Interior and Exterior Automotive parts, PPAP Automotive Limited (PPAP), declared its financial results on 11th August for the first quarter ended June 30, 2017.
Leading manufacturer of Automotive Sealing Systems, Interior and Exterior Automotive parts, PPAP Automotive Limited (PPAP), declared its financial results on 11th August for the first quarter ended June 30, 2017.
PPAP witnessed an increase of 67.51% in its net profit from Rs. 3.54 Crore in Q1FY17 to 5.83 Crore in Q1FY18. The company’s Q1FY18 PAT margin stood at a robust 6.36%, as compared to 3.80% in Q1FY17.
Total Income for the quarter ended June 30, 2017 stood at Rs. 93.31 crore, as compared to Rs. 93.23 crore in the same period last year.
PPAP’s Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) in Q1FY18 stood at Rs. 15.70 crore, up 27.85%. The company’s EBITDA margin improved from 13.17% in Q1FY17 to 16.83% in Q1FY18.
Earnings per share (EPS) for the quarter ended Q1FY18 stood at Rs. 4.23, as compared to Rs. 2.53 for the quarter ended June 30, 2016.
PPAP automotive is currently trading at Rs. 338, up by Rs. 16.65 from August 11. The stock has witnessed an increase of 118.91% in the last one year.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.