PPAP Automotive Ltd Q2FY22 consolidated net profit at Rs. 1.66 crore

The Board of Directors of PPAP Automotive Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 106.1152 crore, against ₹83.15 crore in the corresponding quarter of the previous year (YoY) and ₹78.9258 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹1.6678 crore, against ₹3.7134 crore in the corresponding quarter of the previous year (YoY) and ₹-4.4524 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹1.19, against ₹2.65 in the corresponding quarter of the previous year (YoY) and ₹-3.18 in previous quarter (QoQ).

Financials	Q2 FY2022	Q1 FY2022	QoQ % Change	Q2 FY2021	YoY % Change
Total Income	₹ 106.1152 crs	₹78.9258 crs	34.45%	₹83.15 crs	27.62%
Net Profit	₹1.6678 crs	₹-4.4524 crs	137.46%	₹3.7134 crs	-55.09 %
EPS	₹1.19	₹-3.18	137.42%	₹2.65	-55.09%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹185.0410 crore, against ₹100.9272 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹-2.7848 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹-12.0464 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹-1.99 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹-8.60 in the previous year (YoY) (Half Year Ended FY 2021).

Financials	Half Year Ended FY2022	Half Year Ended FY2021	% Change
Total Income	₹185.0410 crs	₹100.9272 crs	83.34%
Net Profit	₹-2.7848 crs	₹-12.0464 crs	76.88%
EPS	₹-1.99	₹-8.60	76.86%

Shares of PPAP Automotive Limited was last trading in BSE at Rs. 247.90 as compared to the previous close of Rs. 248.05. The total number of shares traded during the day was 422 in over 34 trades.

The stock hit an intraday high of Rs. 252.40 and intraday low of 245.70. The net turnover during the day was Rs. 104589.00.

Source : Equity Bulls

Keywords

PPAPAutomotive Q2FY22 H1FY22 ResultUpdate