Permanent Magnets Limited announced earnings results for the third quarter ended December 31, 2018. For the third quarter, the company announced sales was INR 297.435 million compared to INR 240.839 million a year ago. Net income was INR 40.331 million compared to INR 17.783 million a year ago. Basic earnings per share was INR 4.69 compared to INR 2.07 a year ago. For the nine months, sales was INR 857.378 million compared to INR 634.731 million a year ago. Net income was INR 94.665 million compared to INR 24.480 million a year ago. Basic earnings per share was INR 11.01 compared to INR 2.85 a year ago.