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Permanent Magnets standalone net profit rises 65.44% in the September 2022 quarter

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Capital Market

Sales rise 44.51% to Rs 45.52 crore

Net profit of Permanent Magnets rose 65.44% to Rs 7.66 crore in the quarter ended September 2022 as against Rs 4.63 crore during the previous quarter ended September 2021. Sales rose 44.51% to Rs 45.52 crore in the quarter ended September 2022 as against Rs 31.50 crore during the previous quarter ended September 2021. ParticularsQuarter EndedSep. 2022Sep. 2021% Var.Sales45.5231.50 45 OPM %23.0221.75 -PBDT11.517.15 61 PBT10.296.27 64 NP7.664.63 65

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First Published: Nov 12 2022 | 8:02 AM IST

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