PPAP Automotive Q3FY26 Consolidated Revenue at ₹13,888 Crore; Net Profit ₹6.61 Crore
PPAP Automotive reported Q3FY26 consolidated revenue of ₹138.88 crore, up from ₹128.65 crore year-on-year. Net profit after tax was ₹0.07 crore. The company completed the divestment of its 50% stake in PPAP Tokai India Rubber for ₹100 crore on February 13, 2026.
The revenue growth is positive, but the sharp decline in net profit and the ongoing impact of the divestment (though completed) warrant a medium impact assessment. Investors will monitor future performance post-divestment.
The results show a slight increase in revenue but a significant drop in net profit compared to the previous year's quarter, making the sentiment neutral. The divestment is a significant event, but its financial impact is yet to be realized.
PPAP Automotive Limited announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025. The company reported consolidated revenue from operations of ₹13,888.33 lakh (₹138.88 crore) for the quarter ended December 31, 2025. This compares to ₹12,865.33 lakh (₹128.65 crore) in the same quarter of the previous year.
The net profit for the quarter after tax and exceptional items stood at ₹6.61 lakh (₹0.07 crore), with basic and diluted earnings per share at ₹0.05. For the nine months ended December 31, 2025, consolidated revenue was ₹39,247.00 lakh (₹392.47 crore), and the net profit after tax was ₹(225.08) lakh (₹(2.25) crore).
In a significant development, the company completed the divestment of its entire 50% equity stake in its joint venture, PPAP Tokai India Rubber Private Limited, to Tokai for a cash consideration of ₹10,000 lakh (₹100 crore) on February 13, 2026. This transaction was subject to completion of certain formalities and legal transfer of ownership as of the reporting date, hence no accounting impact was recognized in the financial statements for the current reporting period. The investment in the joint venture was accounted for under the equity method until the completion of the transaction.
The company also published copies of its unaudited financial results for the quarter ended December 31, 2025, in the Business Standard newspaper (Hindi and English) on February 14, 2026. The Board of Directors had approved these results on February 13, 2026.
What to do with a filing like this
PPAP Automotive Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by PPAP Automotive Limited. Read the original for the full detail.