Are Permanent Magnet latest results good or bad?

Permanent Magnets has reported its financial results for the quarter ending June 2025, revealing a flat financial performance compared to previous quarters. Notably, the company achieved an operating profit (PBDIT) of Rs 10.70 crore, which is the highest in the last five quarters, and an operating profit margin of 19.98%, indicating improved operational efficiency.
In terms of profitability, the profit before tax (PBT) reached Rs 7.44 crore, reflecting a year-on-year growth of 31.45%. Additionally, the profit after tax (PAT) was reported at Rs 6.17 crore, with a year-on-year increase of 22.4%. These figures suggest a strengthening financial position for Permanent Magnets.

However, net sales experienced a year-on-year decline of 1.42%, contrasting with a significant growth of 24.47% in the same quarter last year. Despite this, the consolidated net profit showed a positive year-on-year growth of 22.42%, improving from a negative performance in the previous year.

Furthermore, the company saw an adjustment in its evaluation over the last three months, reflecting changes in its financial standing. Overall, the results indicate a complex financial landscape for Permanent Magnets, with certain operational strengths amidst challenges in sales growth.