Press Release on Unaudited Financial Result for the quarter ended June 30, 2026

Date: August 6, 2026 Corporate Relation Department The Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code : 504132 Sub: Press Release on Unaudited (Standalone & Consolidated) Financial Results of the Company for the quarter ended June 30, 2026 Dear Sir/Madam, Pursuant to Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, we are enclosing herewith the Press Release on Unaudited (Standalone & Consolidated) Financial Results of the Company for the quarter ended June 30, 2026. We request you to kindly take the same on record. Thanking you, Yours Faithfully, FOR PERMANENT MAGNETS LIMITED RACHANA SAWANT COMPANY SECRETARY PRESS & MEDIA RELEASE 1 MUMBAI, AUGUST 05, 2026 e PERMANENT MAGNETS LIMITED, A SPECIALIST IN ELECTRICAL COMPONENTS AND ASSEMBLIES n FOR APPLICATIONS IN AUTOMOBILES & ELECTRICTY METERS, ANNOUNCED ITS FINANCIAL n RESULTS FOR Q1FY27. M Commenting on the results, Sharad Taparia, Managing Director, said: “Revenue from Operations for Q1FY27 grew by 19% YoY, d marking a good start to the year. The Alloys division has been a notable contributor in recent quarters, following the commissioning of new capacity in Q4FY26. We continue to engage with customers across Oil & Gas, Aerospace, and other sectors. Operating margins during the quarter remained healthy, aided by a favourable product mix. While the Alloys division has started contributing commercial volumes, our focus is Q1FY27 Financials also on the Relays project, where we are working towards Highlights commercial business in the second half of the financial (₹ Cr) year. REVENUE In Quantum Magnetics, the Phase 2 CAPEX covering block 63.23 cutting, machining, and surface treatment remains on track for commissioning in Q3FY27.” 19% YoY Standalone – Q1FY27 Profit & Loss Summary (₹ Cr) Particulars Q1FY27 Q4FY26 Q1FY26 YOY Change (%) EBITDA Margin Revenue from Operations 63.23 66.54 53.16 19% Total Income 64.05 68.26 54.53 17% Total Operating Expenses 51.30 56.61 42.01 22% 211 BPS EBITDA (Excluding OI) 11.93 9.93 11.15 7% (YoY) EBITDA (Excluding OI) 19% 15% 21% -211 bps Margin (%) Finance Cost 1.12 1.06 0.57 96% Net Profit Depreciation & 3.11 4.87 2.16 44% 6.25 Amortisation Profit Before Exceptional 8.52 5.72 9.79 -13% Items & Taxes 14% (YoY) Exceptional Items 0.00 -0.45 0.00 NA Profit Before Taxes 8.52 6.16 9.79 -13% Profit After Taxes 6.25 5.46 7.28 -14% Note: Unaudited Earnings Per Share (₹) 7.27 6.35 8.47 -14% standalone figures. Note: Unaudited standalone figures. PRESS & MEDIA RELEASE 2 About Permanent Magnets Limited e Incorporated in 1960, Permanent Magnets has a rich experience of over 65+ years in the magnets, a magnetic assemblies and shunts domain. The Company is a leading solution provider of electrical ne components and assemblies based on certain core technologies which find application in the M automobile, energy meter, renewable energy, aerospace & defence, food & beverage and many other ga such industries. The Company has strong expertise in 5 core product categories, wherein it designs and e delivers innumerable customer-specific solutions, and these product categories include magnetic sensing, current sensing, magnetic assemblies, alloys and ZAMAK die-casting. mi PML works closely with its distinguished clientele from across industries, many of whom are global d leaders in their respective industries. While in some cases PML is one of the two-three suppliers for specific products, it is also the only supplier for many of its clients. PML is a preferred supplier of electrical components and assemblies to many of the tier-1 automobile companies globally, in both traditional ICE vehicles and emerging technologies like EV. It is also a supplier to the top electricity meter companies globally, and the Company holds a strong position in this segment with longstanding client relationships. Contact Us Rachana Sawant Sayam Pokharna PERMANENT MAGNETS LIMITED TIL ADVISORS PRIVATE LIMITED investors@pmlindia.com sayam@theinvestmentlab.in Safe Harbour This document which has been prepared by Permanent Magnets Limited (“PML”, “the Company”) has been prepared solely for information purposes. This document has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Document. This Document may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Document is expressly excluded.