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Permanent Magnets Limited Q2 FY27 results press release summary

NSE: PERMAGN · BSE: 504132

Results press release of 24 Oct 2026, summarised by AI from the filing.

Permanent Magnets Q2FY27 revenue from operations ₹72.46 cr, up 49% YoY, with profit after taxes ₹9.98 cr, up 156% YoY.

Key takeaways

  1. Guidance EV demand expected at a similar level for the rest of the financial year; better new furnace utilisation in H2FY27.
  2. Margin EBITDA margin excluding other income rose to 24.6% (Q1FY27: 18.9%) on better product mix and operating leverage.
  3. Growth driver Good demand in the EV segment and a pick-up in demand from domestic smart meter customers drove revenue.
  4. Risk Alloys full capacity could not be utilised due to teething issues at the new furnace.

Original filing on BSE

Permanent Magnets Limited earnings call, investor presentation and press release summaries

Figures from the company's filings with NSE and BSE. Not investment advice.