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Permanent Magnets standalone net profit declines 3.76% in the September 2020 quarter

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Capital Market

Sales rise 1.95% to Rs 31.94 crore

Net profit of Permanent Magnets declined 3.76% to Rs 3.58 crore in the quarter ended September 2020 as against Rs 3.72 crore during the previous quarter ended September 2019. Sales rose 1.95% to Rs 31.94 crore in the quarter ended September 2020 as against Rs 31.33 crore during the previous quarter ended September 2019. ParticularsQuarter EndedSep. 2020Sep. 2019% Var.Sales31.9431.33 2 OPM %20.4116.31 -PBDT6.115.24 17 PBT5.334.87 9 NP3.583.72 -4

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First Published: Nov 09 2020 | 5:28 PM IST

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