Permanent Magnets standalone net profit declines 49.83% in the December 2023 quarter

Sales decline 4.34% to Rs 50.53 crore

Net profit of Permanent Magnets declined 49.83% to Rs 4.56 crore in the quarter ended December 2023 as against Rs 9.09 crore during the previous quarter ended December 2022. Sales declined 4.34% to Rs 50.53 crore in the quarter ended December 2023 as against Rs 52.82 crore during the previous quarter ended December 2022. ParticularsQuarter EndedDec. 2023Dec. 2022% Var.Sales50.5352.82 -4 OPM %14.0123.29 -PBDT7.5213.34 -44 PBT5.8311.89 -51 NP4.569.09 -50

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