Permanent Magnets Q2 FY27 Standalone Net Profit Rs. 5.98 crore, up 53.33% YoY
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 24 Oct 2026, 12:52 PM IST · BSE ID: 99ce4091-179a-4e38-bb61-a576cfcef632
View Original BSE Filing (PDF)
💡
In Simple Terms
Permanent Magnets reported increased profits for the second quarter of financial year 2027, both standalone and consolidated.
🤖 AI Summary
- Standalone net profit for Q2 FY27 was Rs. 5.98 crore, a 53.33% increase from Rs. 3.90 crore in Q2 FY26.
- Total standalone income in Q2 FY27 reached Rs. 73.50 crore, compared to Rs. 50.29 crore in Q2 FY26.
- Consolidated net profit for Q2 FY27 stood at Rs. 5.98 crore, up 53.33% from Rs. 3.90 crore in Q2 FY26.
- Consolidated total income for Q2 FY27 was Rs. 73.48 crore, increasing from Rs. 50.51 crore in Q2 FY26.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Standalone Profit for the Period (After Tax) Q2 FY27
Rs. 5.98 crore
53.33%
Standalone Total Income Q2 FY27
Rs. 73.50 crore
46.16%
Consolidated Profit for the Period (After Tax) Q2 FY27
Rs. 5.98 crore
53.33%
Consolidated Total Income Q2 FY27
Rs. 73.48 crore
45.48%
Standalone Earnings Per Share (Basic) Q2 FY27
Rs. 1.61
82.95%
🏢 How This Affects the Company
Gross Sales/Revenue from Operations increased in both standalone and consolidated segments, indicating growth in core business activities. Standalone Gross Sales/Revenue from Operations grew from Rs. 48.74 crore in Q2 FY26 to Rs. 72.46 crore in Q2 FY27.
Net profit increased significantly year-on-year for both standalone and consolidated results. Standalone profit for the period after tax increased to Rs. 5.98 crore in Q2 FY27 from Rs. 3.90 crore in Q2 FY26.
Other expenses increased to Rs. 16.33 crore standalone and Rs. 16.68 crore consolidated for Q2 FY27, compared to the prior year. Employee benefits expenses also increased from Rs. 3.74 crore to Rs. 4.05 crore standalone YoY.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders based on this financial results filing.
👤
Who Is Affected
All shareholders are affected as the company's financial performance impacts the underlying value of their holdings. Earnings Per Share (Basic and Diluted) for Q2 FY27 is Rs. 1.61, compared to Rs. 0.88 in Q2 FY26.
🔍
Management Signal
The financial results indicate management's focus on revenue growth and profit improvement compared to the previous year's corresponding period.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — check for sustained profit and revenue growth.
Board meeting outcomes — monitor any dividend declarations or strategic decisions.
Future gross sales/revenue from operations — assess ongoing business expansion.
LOW RISK
The filing indicates positive financial performance with no immediate red flags.
💡 Investor Takeaway
Permanent Magnets Ltd. reported Q2 FY27 standalone net profit of Rs. 5.98 crore, a 53.33% increase from Rs. 3.90 crore in Q2 FY26. Consolidated net profit also increased by 53.33% to Rs. 5.98 crore, with total income rising to Rs. 73.48 crore consolidated.
⚖️ Strengths & Concerns
✅ Positives
- Standalone net profit for the quarter ended September 30, 2026, increased by 53.33% to Rs. 5.98 crore from Rs. 3.90 crore in Q2 FY26.
- Gross Sales/Revenue from Operations in Q2 FY27 grew by 48.67% standalone, reaching Rs. 72.46 crore compared to Rs. 48.74 crore in Q2 FY26.
⚠️ Concerns
- Standalone total expenses for Q2 FY27 increased to Rs. 56.90 crore, up from Rs. 45.00 crore in Q2 FY26.
- Finance Cost increased to Rs. 0.51 crore in Q2 FY27 standalone from Rs. 0.38 crore in the corresponding prior period.
📅 Company Track Record
Permanent Magnets Ltd. previously reported Q1 FY27 standalone net profit at Rs. 6.25 crore, down 14.15% YoY. FY26 standalone profit was Rs. 20.39 crore, up 34.41%, with a recommended dividend of Rs. 2.20 per share.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Permanent Magnets Ltd.'s standalone net profit for Q2 FY27?
Permanent Magnets Ltd.'s standalone net profit for the quarter ended September 30, 2026, was Rs. 5.98 crore, an increase of 53.33% from Rs. 3.90 crore in Q2 FY26.
What was Permanent Magnets Ltd.'s total standalone income for Q2 FY27?
The total standalone income for Permanent Magnets Ltd. in Q2 FY27 was Rs. 73.50 crore, compared to Rs. 50.29 crore in Q2 FY26.
What were Permanent Magnets Ltd.'s consolidated results for Q2 FY27?
Permanent Magnets Ltd. reported a consolidated net profit of Rs. 5.98 crore for Q2 FY27, up 53.33% from Rs. 3.90 crore in Q2 FY26. Total consolidated income was Rs. 73.48 crore.
What was the Earnings Per Share (Basic) for Permanent Magnets Ltd. in Q2 FY27?
The standalone Earnings Per Share (Basic) for Permanent Magnets Ltd. in Q2 FY27 was Rs. 1.61, increasing from Rs. 0.88 in the prior year's corresponding quarter.
Questions based on this BSE filing only. For information purposes.