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Permanent Magnets standalone net profit rises 270.83% in the December 2017 quarter

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Capital Market

Sales rise 49.01% to Rs 24.08 crore

Net profit of Permanent Magnets rose 270.83% to Rs 1.78 crore in the quarter ended December 2017 as against Rs 0.48 crore during the previous quarter ended December 2016. Sales rose 49.01% to Rs 24.08 crore in the quarter ended December 2017 as against Rs 16.16 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales24.0816.16 49 OPM %7.778.85 -PBDT1.670.80 109 PBT1.280.48 167 NP1.780.48 271

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First Published: Feb 15 2018 | 12:09 PM IST

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