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Permanent Magnets standalone net profit rises 606.12% in the September 2018 quarter

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Capital Market

Sales rise 42.72% to Rs 32.27 crore

Net profit of Permanent Magnets rose 606.12% to Rs 3.46 crore in the quarter ended September 2018 as against Rs 0.49 crore during the previous quarter ended September 2017. Sales rose 42.72% to Rs 32.27 crore in the quarter ended September 2018 as against Rs 22.61 crore during the previous quarter ended September 2017. ParticularsQuarter EndedSep. 2018Sep. 2017% Var.Sales32.2722.61 43 OPM %16.835.35 -PBDT5.240.87 502 PBT4.840.62 681 NP3.460.49 606

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First Published: Nov 14 2018 | 3:05 PM IST

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