PPAP Automotive Limited has informed the Exchange regarding Outcome of Board Meeting held on May 16, 2025.
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The Board approved audited standalone and consolidated financial results for FY ended March 31, 2025, with the statutory auditor (T R Chadha & Co LLP) issuing an unmodified opinion. Standalone revenue from operations grew about 6.7% year-on-year to Rs 537.64 crore, while standalone net profit swung from a loss of Rs 4.67 crore in FY24 to a profit of Rs 14.09 crore in FY25. Consolidated revenue rose to Rs 554.01 crore with net profit of Rs 6.99 crore versus a loss of Rs 13.04 crore last year. The Board recommended a final dividend of Rs 1.50 per equity share (face value Rs 10), subject to shareholder approval, and appointed NKJ & Associates as Secretarial Auditor for five years starting FY26. Additionally, 27,236 equity shares were allotted under the ESOP 2022 plan.
Positive for shareholders — clean audit opinion, a strong turnaround from last year's losses to solid profitability, a dividend announcement, and improved operating cash flows signal business recovery.