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Permanent Magnets Limited
5 articles
Permanent Magnets Limited is experiencing robust growth fueled by strong demand within the electric vehicle sector, as evidenced by a 49% year-over-year revenue increase in the second quarter of fiscal year 2027. The company's profitability also surged, with net profit rising 156% and EBITDA margins expanding to 25% due to improved product mix and operational efficiencies. While the company anticipates sustained EV demand and progress in relay commercialization by fiscal year 2028, investors should monitor the ongoing Bombay High Court winding-up matter, which currently has an interim stay.
Permanent Magnets Q2 Revenue Up 49% YoY
Permanent Magnets reported Q2 FY27 standalone revenue of ₹72.5 crore, a 49% YoY increase driven by strong EV segment demand.
EBITDA surged 159% YoY to ₹17.8 crore with margins expanding to 25% from im
Permanent Magnets Q2 & H1 FY26-27 Earnings Call Recording
Permanent Magnets Ltd uploaded the audio recording of its Q2 & H1 FY26-27 earnings conference call to the company website.
The disclosure is made pursuant to SEBI LODR Regulations 30 and 46 regarding
Permanent Magnets Q2 Net Profit Up 156% YoY
Permanent Magnets reported Q2FY27 standalone revenue of ₹72.46 Cr, up 49% YoY, driven by strong EV segment demand.
Net profit surged 156% YoY to ₹9.98 Cr with EBITDA margin expanding to 25% from opera
Permanent Magnets Q2 FY27 Net Profit Rises 53%
Permanent Magnets Ltd filed unaudited standalone and consolidated financial results for Q2 and H1 FY27 pursuant to SEBI Regulation 33.
Standalone Q2 net profit increased 53% YoY to ₹5.98 crore on reve
Permanent Magnets Promoter Shares Dematerialized Post Lock-in
Permanent Magnets Ltd intimates BSE of dematerialization of 5,000 promoter group shares after completing a 6-month lock-in period.
The shares were credited to the demat account of Mrs. Kamala Anil Tap