![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/PERMAGN.png)
Share the post "PERMANENT MAGNETS ‘s Q3 2024-25 Latest News: Revenue Decreases by 99.02% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -99.02 % over the year, decrease in net sales/revenue by -99.12 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -98.96 %, Marginal decrease of -99.15% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for PERMANENT MAGNETS LTD.. Profit dropped by -99.45 % Year to Year, PERMANENT MAGNETS LTD.’s profitability dropped by -99.7 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -46.76 % Year to Year. EPS decreased by -71.15 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 50.53 Cr | Rs. 56.1 Cr | Rs. 0.494 Cr | -99.12 % | -99.02 % |
| Expenses | Rs. 43.73 Cr | Rs. 45.4 Cr | Rs. 0.43 Cr | -99.05 % | -99.02 % |
| Operating Profit | Rs. 6.8 Cr | Rs. 10.7 Cr | Rs. 0.06 Cr | -99.44 % | -99.12 % |
| OPM % | 13.46 % | 19.07 % | 12.15 % | -6.92 % | -1.31 % |
| Other Income | Rs. 1.06 Cr | Rs. 1.29 Cr | Rs. 0.011 Cr | -99.15 % | -98.96 % |
| Interest | Rs. 0.81 Cr | Rs. 0.55 Cr | Rs. 0.01 Cr | -98.18 % | -98.77 % |
| Depreciation | Rs. 1.94 Cr | Rs. 2.5 Cr | Rs. 0.03 Cr | -98.8 % | -98.45 % |
| Profit before tax | Rs. 5.11 Cr | Rs. 8.94 Cr | Rs. 0.03 Cr | -99.66 % | -99.41 % |
| Tax % | 24.85 % | 20.58 % | 34.38 % | + 13.8 % | + 9.53 % |
| Net Profit | Rs. 3.84 Cr | Rs. 7.1 Cr | Rs. 0.02 Cr | -99.72 % | -99.48 % |
| EPS in Rs | Rs. 4.47 | Rs. 8.25 | Rs. 2.38 | -71.15 % | -46.76 % |
Today, we’re looking at PERMANENT MAGNETS LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -99.02 %. However, it did see a marginal slip of -99.12 % from the previous quarter. Expenses decreased slightly by -99.05 % quarter-on-quarter, aligning with the annual decline of -99.02 %. Operating profit, while down -99.12 % compared to last year, faced a quarter-on-quarter dip of -99.44 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.31 %, but a shrinkage of -6.92 % sequentially. Other income fell by -99.15 % compared to the last quarter, despite an annual decline of -98.96 %. Interest expenses dropped significantly by -98.18 % from the previous quarter, yet the year-over-year decrease remains at a moderate -98.77 %. Depreciation costs fell by -98.8 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -98.45 %. Profit before tax declined annually by -99.41 % but saw a reduction from the preceding quarter by -99.66 %.
Tax expenses as a percentage of profits increased slightly by 9.53 % compared to last year, with a more notable quarter-on-quarter increase of 13.8 %. Net profit fell by -99.48 % year-on-year but witnessed a -99.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -46.76 % but a quarterly fall of -71.15 %. In summary, PERMANENT MAGNETS LTD.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 50.53 Cr | Rs. 56.1 Cr | Rs. 0.494 Cr | -99.12 % | -99.02 % |
| Expenses | Rs. 43.73 Cr | Rs. 45.4 Cr | Rs. 0.43 Cr | -99.05 % | -99.02 % |
| Operating Profit | Rs. 6.8 Cr | Rs. 10.7 Cr | Rs. 0.06 Cr | -99.44 % | -99.12 % |
| Net Profit | Rs. 3.84 Cr | Rs. 7.1 Cr | Rs. 0.02 Cr | -99.72 % | -99.48 % |
| EPS in Rs | Rs. 4.47 | Rs. 8.25 | Rs. 2.38 | -71.15 % | -46.76 % |
In reviewing PERMANENT MAGNETS LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -99.02 % year-on-year, although there was a slight dip of -99.12 % from the previous quarter. Expenses decreased by -99.02 % compared to the previous year, with a decrease of -99.05 % quarter-on-quarter. Operating Profit dropped by -99.12 % annually, and saw a -99.44 % decrease from the last quarter.
Net Profit showed yearly decrease of -99.48 %, and experienced a -99.72 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -46.76 % annually, however dipped by -71.15 % compared to the last quarter. In essence, while PERMANENT MAGNETS LTD. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/SHREYANIND.png)