Permanent Magnets Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported sales was INR 536 million compared to INR 493.8 million a year ago. Revenue was INR 554.2 million compared to INR 506.7 million a year ago.

Net income was INR 25.1 million compared to INR 88 million a year ago. Basic earnings per share from continuing operations was INR 2.91 compared to INR 10.24 a year ago. Diluted earnings per share from continuing operations was INR 2.91 compared to INR 10.24 a year ago.