Permanent Magnets reports interim financial results, board approves figures

Permanent Magnets Limited announced its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The board of directors approved these results at a meeting on November 12, 2025. These results, prepared as per IND-AS, are accompanied by a Limited Review Report from M/s. Jayesh Sanghrajka and Co LLP, chartered accountants.

Key standalone figures for the half-year ended September 30, 2025, include total income of INR 104.81 crore and a net profit after tax of INR 11.17 crore. The basic and diluted earnings per share (EPS) for the same period stood at INR 12.99. Consolidated results for the half-year reported total income of INR 105.29 crore and a net profit after tax of INR 8.53 crore, with basic and diluted EPS at INR 9.92.

The review by Jayesh Sanghrajka & Co LLP confirmed that the statements were prepared in accordance with Indian Accounting Standard 34 and SEBI regulations, noting no material misstatements. They also drew attention to an interim stay order from the Bombay High Court against a winding-up order passed on April 15, 2015, with the company having deposited INR 0.19 crore with interest as directed.