PPAP PPAP Automotive Q2 FY26 results (Jul–Sep 2025) and concall
PPAP Automotive reported a challenging first half of FY26 with revenue and EBITDA declines, and a PAT loss, primarily due to a subdued auto market and delays in its battery business. However, the company secured significant new orders, maintaining a robust lifetime order book. Management anticipates a stronger second half driven by new project ramp-ups, aftermarket growth, and an improving industry outlook, reaffirming its full-year guidance.
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What they filed
Q2 FY26: revenue down 6.1%, net profit down 65.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 141 | 135 | 142 | 111 | 133 −6% |
| EBITDA | 18 | 15 | 16 | 10 | 13 −26% |
| Net profit | 6 | 3 | 4 | -0 | 2 −65% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
