Stock Report

Permanent Magnets Ltd reports net profit of Rs. 8.79 crores in Q4 FY23



Posted On : 2023-05-17 19:44:43( TIMEZONE : IST )

Permanent Magnets Ltd reports net profit of Rs. 8.79 crores in Q4 FY23

PERMANENT MAGNETS LTD. has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 50.6691 crores during the period ended March 31, 2023 as compared to Rs. 54.2852 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 8.7970 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 9.0942 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 10.24 for the period ended March 31, 2023 as compared to Rs. 10.58 for the period ended December 31, 2022.

Financials Q4 FY2023 Q3 FY2023 % Change
Total Income ₹50.6691 crs ₹54.2852 crs Up Tick / Down Tick-6.66%
Net Profit ₹8.7970 crs ₹9.0942 crs Up Tick / Down Tick-3.27%
EPS ₹10.24 ₹10.58 Up Tick / Down Tick-3.21%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.50.6691 crores during the period ended March 31, 2023 as compared to Rs.39.8850 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.8.7970 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.6.0479 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.10.24 for the period ended March 31, 2023 as compared to Rs.7.05 for the period ended March 31, 2022.

Financials Q4 FY2023 Q4 FY2022 % Change
Total Income ₹50.6691 crs ₹39.8850 crs Up Tick / Down Tick27.04%
Net Profit ₹8.7970 crs ₹6.0479 crs Up Tick / Down Tick45.46%
EPS ₹10.24 ₹7.05 Up Tick / Down Tick45.25%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.188.1914 crores during the Financial Year ended March 31, 2023 as compared to Rs.133.2590 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.29.7521 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.19.0443 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.34.61 for the Financial Year ended March 31, 2023 as compared to Rs.22.16 for the Financial Year ended March 31, 2022.

Financials Year Ended FY2023 Year Ended FY2022 % Change
Total Income ₹188.1914 crs ₹133.2590 crs Up Tick / Down Tick41.22%
Net Profit ₹29.7521 crs ₹19.0443 crs Up Tick / Down Tick56.23%
EPS ₹34.61 ₹22.16 Up Tick / Down Tick56.18%

Shares of PERMANENT MAGNETS LTD. was last trading in BSE at Rs. 1167.55 as compared to the previous close of Rs. 1101.65. The total number of shares traded during the day was 19271 in over 1014 trades.

The stock hit an intraday high of Rs. 1192.50 and intraday low of 1115.00. The net turnover during the day was Rs. 22382231.00.

Source : Equity Bulls

Keywords

PermanentMagnets Q4FY23 FY2023 ResultUpdate