PPAP Automotive Ltd Reports Unaudited Q2 Results for 2026; Consolidated Revenue Stands at 7,662.85 Lakhs

PPAP Automotive Ltd Reports Unaudited Q2 Results for 2026; Consolidated Revenue Stands at 7,662.85 Lakhs

PPAP Automotive Ltd Reports Unaudited Q2 Results for 2026; Consolidated Revenue Stands at 7,662.85 Lakhs​

PPAP Automotive Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors reviewed and approved both the standalone and consolidated financials, which include a limited review report from the statutory auditor.

The Company reported performance across multiple segments in the period, focusing primarily on automotive components.

Standalone Financial Performance​

For the quarter ended June 30, 2026, PPAP Automotive recorded total income of 14,757.83 lakhs. Revenue from operations stood at L4,423.34 lakhs, while other income contributed 334.49 lakhs. Total expenses for the quarter were reported at L4,450.28 lakhs, leading to a profit before tax of 307.55 lakhs and a net profit of 230.10 lakhs. The earnings per share (EPS) data stood at 1.63 basic and 1.62 diluted.

Key figures from the Standalone Unaudited Financial Results are presented below:

MetricQuarter ended June 30, 2026 (Unaudited)
Total Income14,757.83 lakhs
Total ExpensesL4,450.28 lakhs
Profit Before Tax307.55 lakhs
Net Profit for the Period230.10 lakhs

Consolidated Financial Performance​

On a consolidated basis, the Group reported total income of 11,701.59 lakhs for the quarter ended June 30, 2026. Revenue from operations stood at 7,662.85 lakhs, with other income being 38.74 lakhs. Total expenses were recorded at L12,009.54 lakhs. The Group registered a net loss of (227.76) lakhs for the period, against a profit before tax that was calculated at (307.95) lakhs.

The consolidated results include figures from several subsidiaries and reflect the business operations across manufacturing automotive components and related activities.

Key figures from the Consolidated Unaudited Financial Results are as follows:

MetricQuarter ended June 30, 2026 (Unaudited)
Total Income11,701.59 lakhs
Total ExpensesL12,009.54 lakhs
Profit / Loss Before Tax(307.95) lakhs
Net Loss for the Period (Owners of Company)(227.76) lakhs

Operational Updates and Audit Status​

The company noted that it operates in a single reportable segment, which is automotive components, as per Ind AS 108. The consolidated results incorporate the divestment of a 50% equity stake in PPAP Tokai India Rubber Private Limited (PTl) to Tokai Kogyo Co. Ltd. for a cash consideration of 10,000 lakhs on February 13, 2026, which concluded the joint venture status effective January 1, 2026.

The unaudited financial results have been reviewed by the Audit Committee and approved by the Board of Directors. The limited review conducted by the Independent Auditor T R Chadha & Co LLP confirmed that nothing came to their attention that suggested material misstatement in the accompanying statements.

PPAP Stock Price Movement​

Today, shares of PPAP Automotive Limited edged higher to settle at ₹321.35, closing up 3.17% in today's trading session. The stock saw a total traded volume of 46,858 shares during the day.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top