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Permanent Magnets standalone net profit rises 18.49% in the December 2020 quarter

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Capital Market

Sales rise 18.66% to Rs 32.11 crore

Net profit of Permanent Magnets rose 18.49% to Rs 4.55 crore in the quarter ended December 2020 as against Rs 3.84 crore during the previous quarter ended December 2019. Sales rose 18.66% to Rs 32.11 crore in the quarter ended December 2020 as against Rs 27.06 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales32.1127.06 19 OPM %22.6119.51 -PBDT7.225.71 26 PBT6.265.16 21 NP4.553.84 18

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First Published: Feb 11 2021 | 4:03 PM IST

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