Stock Report

Permanent Magnets Ltd Q3FY23 net profit jumps to Rs. 9.09 crores



Posted On : 2023-01-31 21:19:09( TIMEZONE : IST )

Permanent Magnets Ltd Q3FY23 net profit jumps to Rs. 9.09 crores

PERMANENT MAGNETS LTD. has reported Standalone financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 54.2852 crores during the period ended December 31, 2022 as compared to Rs. 46.7757 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 9.0942 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 7.6610 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 10.58 for the period ended December 31, 2022 as compared to Rs. 8.91 for the period ended September 30, 2022.

Financials Q3 FY2023 Q2 FY2023 % Change
Total Income ₹54.2852 crs ₹46.7757 crs Up Tick / Down Tick16.05%
Net Profit ₹9.0942 crs ₹7.6610 crs Up Tick / Down Tick18.71%
EPS ₹10.58 ₹8.91 Up Tick / Down Tick18.74%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.54.2852 crores during the period ended December 31, 2022 as compared to Rs.28.6418 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.9.0942 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.3.6014 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.10.58 for the period ended December 31, 2022 as compared to Rs.4.19 for the period ended December 31, 2021.

Financials Q3 FY2023 Q3 FY2022 % Change
Total Income ₹54.2852 crs ₹28.6418 crs Up Tick / Down Tick89.53%
Net Profit ₹9.0942 crs ₹3.6014 crs Up Tick / Down Tick152.52%
EPS ₹10.58 ₹4.19 Up Tick / Down Tick152.51%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.137.5223 crores during the 9 Months period ended December 31, 2022 as compared to Rs.93.3740 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.20.9551 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.12.9965 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.24.37 for the 9 Months period ended December 31, 2022 as compared to Rs.15.11 for the 9 Months period ended December 31, 2021.

Financials 9 Months Ended FY2023 9 Months Ended FY2022 % Change
Total Income ₹137.5223 crs ₹93.3740 crs Up Tick / Down Tick47.28%
Net Profit ₹20.9551 crs ₹12.9965 crs Up Tick / Down Tick61.24%
EPS ₹24.37 ₹15.11 Up Tick / Down Tick61.28%

Shares of PERMANENT MAGNETS LTD. was last trading in BSE at Rs. 759.35 as compared to the previous close of Rs. 709.00. The total number of shares traded during the day was 12106 in over 622 trades.

The stock hit an intraday high of Rs. 775.00 and intraday low of 696.00. The net turnover during the day was Rs. 9066220.00.

Source : Equity Bulls

Keywords

PermanentMagnets Q3FY23 9MFY23 ResultUpdate