PPAP Automotive will hold a meeting of the Board of Directors of the Company on 13 August 2020.

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Net profit of PPAP Automotive declined 20.62% to Rs 5.85 crore in the quarter ended March 2020 as against Rs 7.37 crore during the previous quarter ended March 2019. Sales rose 4.44% to Rs 103.53 crore in the quarter ended March 2020 as against Rs 99.13 crore during the previous quarter ended March 2019.

For the full year,net profit declined 46.06% to Rs 18.20 crore in the year ended March 2020 as against Rs 33.74 crore during the previous year ended March 2019. Sales declined 12.52% to Rs 359.51 crore in the year ended March 2020 as against Rs 410.98 crore during the previous year ended March 2019.

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Net profit of PPAP Automotive declined 19.69% to Rs 5.67 crore in the quarter ended March 2020 as against Rs 7.06 crore during the previous quarter ended March 2019. Sales rose 4.48% to Rs 103.57 crore in the quarter ended March 2020 as against Rs 99.13 crore during the previous quarter ended March 2019.

For the full year,net profit declined 42.31% to Rs 19.28 crore in the year ended March 2020 as against Rs 33.42 crore during the previous year ended March 2019. Sales declined 12.39% to Rs 360.04 crore in the year ended March 2020 as against Rs 410.98 crore during the previous year ended March 2019.

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PPAP Automotive will hold a meeting of the Board of Directors of the Company on 5 June 2020.

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