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Permanent Magnets standalone net profit declines 4.71% in the December 2019 quarter

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Capital Market

Sales decline 9.01% to Rs 27.06 crore

Net profit of Permanent Magnets declined 4.71% to Rs 3.84 crore in the quarter ended December 2019 as against Rs 4.03 crore during the previous quarter ended December 2018. Sales declined 9.01% to Rs 27.06 crore in the quarter ended December 2019 as against Rs 29.74 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales27.0629.74 -9 OPM %19.5119.40 -PBDT5.715.71 0 PBT5.165.21 -1 NP3.844.03 -5

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First Published: Feb 11 2020 | 8:30 AM IST

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