PPAP Automotive approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026, reporting FY26 net profit of ₹33.43 crore.
Board recommended final dividend of ₹1.50 per equity share and reappointed Ajay Kumar Jain as Chairman & MD for three years from November 2026.
Approved merger of wholly owned subsidiary Avinya Batteries Limited into PPAP Automotive and slump sale of Tooling Business to subsidiary Meraki Precision.
Company recognized exceptional gain of ₹49.79 crore from JV stake sale and impairment loss of ₹17.12 crore on subsidiary investment in FY26.