Permanent Magnets standalone net profit declines 15.32% in the June 2024 quarter

Net profit of Permanent Magnets declined 15.32% to Rs 5.75 crore in the quarter ended June 2024 as against Rs 6.79 crore during the previous quarter ended June 2023. Sales rose 24.47% to Rs 54.32 crore in the quarter ended June 2024 as against Rs 43.64 crore during the previous quarter ended June 2023.

Particulars	Quarter Ended
	Jun. 2024	Jun. 2023	% Var.
Sales	54.32	43.64	24
OPM %	15.92	22.39	-
PBDT	9.51	10.54	-10
PBT	7.74	9.31	-17
NP	5.75	6.79	-15