For the full year ended March 31, 2017, PPAP's Consolidated Net Profit jumped by 86.81% to Rs. 26.21 crore, as compared to Rs. 14.03 crore of the year ago period. The Consolidated PAT margin improved to 7.16% in FY17 from 4.40% in FY16.

The Consolidated Total Income stood at Rs. 366.11 crore, up by 14.90%, as compared to Rs. 318.63 crore in FY16. The company registered a Consolidated EBITDA ofRs. 68.90 crore in FY17, up by 30.07%, as compared to Rs. 52.97 crore in FY16. The company's Consolidated EBITDA margin improved from 16.62% in FY16 to 18.82% in FY17.

For FY17, Consolidated EPS stood at Rs. 18.72 as against Rs. 10.02 in FY16.

Commenting on the financial performance of the company, Ajay Kumar Jain, the Chairman and Managing Director, PPAP Automotive Limited, said, "The trend of the demand for automobiles by the Indian consumers continues to be buoyant as is reflected by our higher sales. Our continuous efforts towards increasing the operational efficiencies are leading to improvements in our company's bottom line."

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