PONDY OXIDES AND CHEMICALS LIMITED reports its Q3 earnings results

PONDY OXIDES AND CHEMICALS LIMITED (BOM: 532626) reported its third-quarter results for the period ended 31st December 2021.

POCL reported a total net income of ₹414.92 crores with a growth of 42% on a year on year comparison.

The company had an EBITDA of INR 25.09 Crores, total net profit of ₹14.1 crores or ₹24.30 per share compared to the previous year’s quarter of ₹3.18 crores or ₹5.47 per share.

POCL reported a total net income of INR 1059.51 Crores along with an EBITDA of INR 64.78 Crores and a PAT of INR 37.72 Crores, year to date.

POCL incurred total expenses of ₹395 crores, which soared by 38% compared to the previous year’s same quarter expense of ₹288 crores with a corresponding increase of 42% YoY Top Line.

Company Profile

PONDY OXIDES AND CHEMICALS LIMITED is a certified company producing metals and speciality metal alloys. The company specializes in the manufacturing of pure lead and speciality lead alloys and has further expanded into other nonferrous metals which can be used in the applications of Batteries, Electrical and Electronics, Chemicals, Plastics, Ammunition, Cables, and building construction materials.

The company has its headquarter in Chennai India. The company was incorporated in the year 1995, serving 25+ years of excellence in the Indian market.  POCL is one of India’s leading nonferrous recycling companies and India’s largest Secondary Lead Metal Manufacturing Companies.

POCL has access to some of the largest battery manufacturers both in India and across the globe and produces more than 80 thousand metric tons of metals and alloys per year. The company’s distribution channel is widespread across more than 15 countries with more than 150 global partners.

It has a customer base in Europe, the US, and the Asia Pacific Region. The core values of this company are Excellence, Integrity, Learning & Innovation, Responsibility, Commitment and Zeal.

POCL is inclined towards on-time delivery, maintaining a suitable work environment for enhancing customer satisfaction and has been successful in maintaining customer relationships, meeting their demands for more than 25 years.

POCL continuously endeavours to emphasize the importance of a circular economy and to support and focus on environmental responsibility by adopting better processes in its manufacturing plant.

PONDY OXIDES AND CHEMICALS LIMITED will be hosting their earnings call on February 9, Wednesday at 3:30 pm IST. For more details, please visit https://twitter.com/AlphSt_India/status/1490944993854640129