Permanent Magnets Q2 FY27 Results: Key Dates and Q1 Data

Permanent Magnets Ltd is scheduled to announce its financial results for the second quarter of FY2026-27 on October 24, 2026. The earnings date comes after a mixed first-quarter performance, in which revenue increased but net profit and operating margin declined year-on-year. The company reported consolidated revenue of Rs 63.23 crore for the quarter ended June 30, 2026. This was 18.08% higher than Rs 53.55 crore reported in the corresponding quarter a year earlier. Consolidated net profit, however, fell 38.41% to Rs 3.80 crore from Rs 6.17 crore. The Q2 announcement will provide the next reported update on sales, operating performance and profitability.

Q2 Results Are Due on October 24

The upcoming earnings date listed for Permanent Magnets is October 24, 2026. The company is part of a group of 33 companies scheduled to announce second-quarter financial results on Saturday. Other companies named in the results calendar include Kotak Mahindra Bank, IDFC First Bank, AU Small Finance Bank, Castrol India, JK Cement, Kajaria Ceramics, Netweb Technologies India, Apollo Micro Systems, Lumax Auto Technologies, Gujarat Ambuja Exports and SBFC Finance. The supplied data does not include an earnings estimate for Permanent Magnets. It also does not provide the company’s Q2 financial figures ahead of the scheduled release. Therefore, the June-quarter numbers remain the latest detailed performance data available in the provided information.

Revenue Growth Did Not Lift Net Profit

For Q1FY27, Permanent Magnets reported net sales of Rs 63.23 crore, compared with Rs 53.55 crore in Q1FY26. The resulting year-on-year growth of 18.08% indicates higher revenue during the quarter. But operating profit before depreciation, interest and tax, excluding other income, rose only 2.62% to Rs 10.97 crore from Rs 10.69 crore. The slower growth in operating profit relative to revenue was accompanied by a lower operating profit margin. Net profit fell to Rs 3.80 crore despite the increase in sales. The reported data describes this as a mixed result, with profitability pressures outweighing the revenue gain.

Operating Margin Narrowed in the June Quarter

Operating profit margin, excluding other income, stood at 17.35% in Q1FY27. This was down from 19.96% in Q1FY26, a contraction of 2.61 percentage points. Interest expense rose sharply to Rs 2.37 crore from Rs 0.62 crore in the year-earlier quarter. That represented an increase of 282.26% on the figures provided. Profit before depreciation and tax was Rs 9.53 crore, down 15.74% year-on-year. Profit before tax was Rs 5.99 crore, down 30.91% year-on-year. These movements help explain why higher revenue did not convert into higher reported net profit.

Quarter-on-Quarter Performance Was Also Mixed

Revenue declined 4.97% quarter-on-quarter from Rs 66.54 crore in the preceding quarter to Rs 63.23 crore in Q1FY27. Operating profit increased 15.60% quarter-on-quarter from Rs 9.49 crore to Rs 10.97 crore. Profit before depreciation and tax fell 8.98% from Rs 10.47 crore. Profit before tax increased 11.96% from Rs 5.35 crore. Net profit declined 4.76% from Rs 3.99 crore. The varied quarterly movements show that the improvement in operating profit did not lead to an increase in bottom-line profit.

Key Q1FY27 Financial Metrics

FY26 Sales Increased While Annual Profit Fell

For the year ended March 2026, Permanent Magnets reported consolidated net sales of Rs 226.24 crore. This was 10.33% above sales of Rs 205.05 crore reported for the year ended March 2025. Operating profit was Rs 36.69 crore in FY26, compared with Rs 30.44 crore in FY25. The annual operating profit margin improved to 16.22% from 14.85%. Yet consolidated net profit declined 6.22% to Rs 14.77 crore from Rs 15.75 crore. The annual figures similarly show revenue expansion alongside lower reported profit.

Dividend Declared for the March Quarter

The company declared a dividend of Rs 2.20 per share on May 13, 2026, for the quarter ending March 2026, according to the supplied data. The stated dividend yield was 0.25%. The available information also cites an EPS of Rs 14.43, while no estimated EPS is provided. These figures are separate from the Q1FY27 net profit data and should be read in their stated reporting context. No additional dividend decision linked to the upcoming Q2FY27 results has been provided. Investors will need to await the October 24 announcement for any fresh disclosure.

Why the Next Update Matters

The Q2FY27 result will be important because the June-quarter report showed a divergence between sales and profitability. Revenue grew 18.08% year-on-year, while operating margin narrowed and net profit declined 38.41%. Interest expense was also substantially higher than in the comparable quarter. The next reported set of financial statements will show whether these trends continued into the September quarter. The supplied information does not include management guidance, analyst forecasts or a forecast of future earnings. As a result, the scheduled earnings release is the confirmed next event for assessing the company’s financial performance.

Results Calendar Includes Several Market Names

The October 24 results calendar covers companies from banking, financial services, lubricants, cement, ceramics, technology, automotive components, agricultural processing and other sectors. Kotak Mahindra Bank, IDFC First Bank and AU Small Finance Bank are among the financial-sector names listed. Castrol India, JK Cement and Kajaria Ceramics are also scheduled to report. Netweb Technologies India, Apollo Micro Systems and Lumax Auto Technologies are included in the group. For Permanent Magnets, the focus will remain on whether sales growth is accompanied by an improvement in margins and net profit in the reported quarter.

What to Watch in the Q2FY27 Release

Permanent Magnets is due to report Q2FY27 numbers on October 24, 2026. Its latest reported quarter delivered revenue of Rs 63.23 crore and net profit of Rs 3.80 crore. The most relevant reported comparisons are the 18.08% year-on-year rise in revenue, the 2.61 percentage-point decline in operating margin and the 38.41% fall in net profit. The release will add fresh reported data to the company’s FY27 financial record. Until then, no Q2 estimate or result has been provided in the available information.