PPAP Automotive (PPAP) in Q1FY19 posted consolidated revenues of Rs. 99.7 Cr. (up 21% YoY, -22% QoQ) with its core Part Sales driving a26% YoY growth). Despite drop in GMs (on account of surge in RM costs) the company maintained its 20% EBITDA Margin mark in Q1FY19, 80bps YoY expansion.