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Permanent Magnets standalone net profit declines 20.88% in the December 2021 quarter

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Capital Market

Sales decline 13.89% to Rs 27.65 crore

Net profit of Permanent Magnets declined 20.88% to Rs 3.60 crore in the quarter ended December 2021 as against Rs 4.55 crore during the previous quarter ended December 2020. Sales declined 13.89% to Rs 27.65 crore in the quarter ended December 2021 as against Rs 32.11 crore during the previous quarter ended December 2020. ParticularsQuarter EndedDec. 2021Dec. 2020% Var.Sales27.6532.11 -14 OPM %19.1322.61 -PBDT6.027.22 -17 PBT4.796.26 -23 NP3.604.55 -21

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First Published: Feb 11 2022 | 2:45 PM IST

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