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Permanent Magnets standalone net profit rises 29.33% in the September 2021 quarter

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Capital Market

Sales decline 1.38% to Rs 31.50 crore

Net profit of Permanent Magnets rose 29.33% to Rs 4.63 crore in the quarter ended September 2021 as against Rs 3.58 crore during the previous quarter ended September 2020. Sales declined 1.38% to Rs 31.50 crore in the quarter ended September 2021 as against Rs 31.94 crore during the previous quarter ended September 2020. ParticularsQuarter EndedSep. 2021Sep. 2020% Var.Sales31.5031.94 -1 OPM %21.7520.41 -PBDT7.156.11 17 PBT6.275.33 18 NP4.633.58 29

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First Published: Nov 11 2021 | 3:50 PM IST

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