Permanent Magnets Limited announced earnings results for the second quarter ended September 30, 2020. For the second quarter, the company announced total revenue was INR 318.731 million compared to INR 316.185 million a year ago. Operating income was INR 53.264 million compared to INR 48.617 million a year ago. Net income was INR 35.795 million compared to INR 37.167 million a year ago. Basic earnings per share from continuing operations was INR 4.16 compared to INR 4.32 a year ago. For the half year, total revenue was INR 476.318 million compared to INR 573.458 million a year ago. Operating income was INR 76.341 million compared to INR 88.442 million a year ago. Net income was INR 51.622 million compared to INR 65.449 million a year ago. Basic earnings per share from continuing operations was INR 6 compared to INR 7.61 a year ago.