Permanent Magnets standalone net profit rises 62.94% in the March 2021 quarter
Sales rise 61.90% to Rs 37.22 crore
Net profit of Permanent Magnets rose 62.94% to Rs 6.42 crore in the quarter ended March 2021 as against Rs 3.94 crore during the previous quarter ended March 2020. Sales rose 61.90% to Rs 37.22 crore in the quarter ended March 2021 as against Rs 22.99 crore during the previous quarter ended March 2020.For the full year,net profit rose 12.71% to Rs 16.14 crore in the year ended March 2021 as against Rs 14.32 crore during the previous year ended March 2020. Sales rose 9.50% to Rs 116.68 crore in the year ended March 2021 as against Rs 106.56 crore during the previous year ended March 2020.
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