Permanent Magnets standalone net profit declines 77.42% in the March 2015 quarter

Sales rise 18.09% to Rs 17.17 crore

Net profit of Permanent Magnets declined 77.42% to Rs 0.07 crore in the quarter ended March 2015 as against Rs 0.31 crore during the previous quarter ended March 2014. Sales rose 18.09% to Rs 17.17 crore in the quarter ended March 2015 as against Rs 14.54 crore during the previous quarter ended March 2014.

For the full year,net profit reported to Rs 0.42 crore in the year ended March 2015 as against net loss of Rs 0.71 crore during the previous year ended March 2014. Sales rose 10.29% to Rs 54.04 crore in the year ended March 2015 as against Rs 49.00 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales17.1714.54 18 54.0449.00 10 OPM %7.284.68 -8.295.39 - PBDT0.600.59 2 1.620.12 1250 PBT0.080.31 -74 0.51-0.71 LP NP0.070.31 -77 0.42-0.71 LP

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