{"id":154351,"date":"2023-08-18T07:00:04","date_gmt":"2023-08-18T11:00:04","guid":{"rendered":"https:\/\/44.250.171.167\/?p=154351"},"modified":"2023-08-18T07:00:05","modified_gmt":"2023-08-18T11:00:05","slug":"permanent-magnets-ltd-q1fy24-62-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/permanent-magnets-ltd-q1fy24-62-rise-in-profits\/","title":{"rendered":"Permanent Magnets Ltd Q1FY24; 62% rise in Profits"},"content":{"rendered":"\n<p>Permanent Magnets Limited (PML) is a Mumbai based, one of the flagship Companies of Taparia Group. It is manufacturer and exporter of Magnetic assemblies, shunt assemblies &amp; brass terminals, Alnico Cast. (Magnets and Yoke Assemblies, Parts and accessories of electricity meters in the world. PML has further started with supplies of Gas meters parts and accessories.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Permanent Magnets Ltd reported Revenues for Q1FY24 of \u20b943.64 Crores up from \u20b935.03 Crore year on year, a rise of 24.58%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b935.28 Crores up from \u20b930.71 Crores year on year, a rise of 14.88%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b96.79 Crores up 61.67% from \u20b94.20 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b97.90, up 61.89% from \u20b94.88 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1215.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1215-839x1024.png\" alt=\"\" class=\"wp-image-154352\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1215-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1215-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1215-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1215-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1215.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Permanent Magnets Limited (PML) is a Mumbai based, one of the flagship Companies of Taparia Group. It is manufacturer and exporter of Magnetic assemblies, shunt assemblies &amp; brass terminals, Alnico Cast. (Magnets and Yoke Assemblies, Parts and accessories of electricity meters in the world. PML has further started with supplies of Gas meters parts and [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,12],"tags":[13400],"class_list":["post-154351","post","type-post","status-publish","format-standard","hentry","category-infographics","category-other-industries","tag-magnetic-assemblies"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152701,"url":"https:\/\/alphastreet.com\/india\/mtar-technologies-ltd-q1fy24-25-rise-in-profits\/","url_meta":{"origin":154351,"position":0},"title":"MTAR Technologies Ltd Q1FY24; 25% rise in Profits","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"MTAR Technologies was established in 1970, it is in the business of manufacturing various machine equipment, assemblies, sub-assemblies, and spare parts for energy, nuclear, space, aerospace, defence and other engineering industries. Financial Results: MTAR Technologies Ltd reported Revenues for Q1FY24 of \u20b9152.00 Crores up from \u20b991.00 Crore year on year,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-676.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":151137,"url":"https:\/\/alphastreet.com\/india\/delta-manufacturing-ltd-q1fy24-0-rise-in-revenue\/","url_meta":{"origin":154351,"position":1},"title":"Delta Manufacturing Ltd Q1FY24; 0% rise in Revenue.","author":"Divyansh_Kasana","date":"August 3, 2023","format":false,"excerpt":"Delta Manufacturing Limited is engaged in the manufacturing and supply of magnets and garment trims. Financial Results: Delta Manufacturing Ltd reported Revenues for Q1FY24 of \u20b921.08 Crores up from \u20b921.04 Crore year on year, a rise of 0.19%. Total Expenses for Q1FY24 of \u20b923.87 Crores up from \u20b923.55 Crores year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-155.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-155.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-155.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-155.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-155.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-155.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150739,"url":"https:\/\/alphastreet.com\/india\/automotive-stampings-418-rise-in-profits\/","url_meta":{"origin":154351,"position":2},"title":"Automotive Stampings &#038; Assemblies Ltd Q1FY24; 418% rise in Profits","author":"Divyansh_Kasana","date":"August 1, 2023","format":false,"excerpt":"ASAL mainly manufactures sheet-metal stampings, welded assemblies, and modules for passenger cars and commercial vehicles (largely for Tata Motors Limited); these products account for more than 95% of the total revenue. 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