Permanent Magnets standalone net profit declines 49.18% in the September 2024 quarter

Net profit of Permanent Magnets declined 49.18% to Rs 3.73 crore in the quarter ended September 2024 as against Rs 7.34 crore during the previous quarter ended September 2023. Sales declined 5.79% to Rs 50.60 crore in the quarter ended September 2024 as against Rs 53.71 crore during the previous quarter ended September 2023.

Particulars	Quarter Ended
	Sep. 2024	Sep. 2023	% Var.
Sales	50.60	53.71	-6
OPM %	13.02	21.45	-
PBDT	7.58	11.95	-37
PBT	5.56	9.93	-44
NP	3.73	7.34	-49