Permanent Magnets Limited announced Q1 financial results with mixed performance. Net profit increased by 28% to ₹73.00 million, despite a 2.02% revenue decline to ₹532.00 million. EBITDA rose by 28.74% to ₹112.00 million, with EBITDA margin improving to 21.05%. Managing Director Sharad Taparia attributed the results to operational excellence and cost management strategies. The company's core focus remains on engineering and current sensing applications.
23May 25
Permanent Magnets Reports Decline in Q4 Financial Performance, Recommends Dividend of 2 Rupees per Share
Permanent Magnets Ltd. released Q4 results showing declines across key metrics. Revenue fell 15.49% to ₹453.00 crore, EBITDA decreased 23.40% to ₹54.00 crore, and net profit dropped 35.96% to ₹26.00 crore compared to the same period last year. Despite the downturn, the company recommended a dividend of 2 rupees per equity share.