Infographic: Pondy Oxides Opens FY23 with a stellar performance as Revenue grows by 49%

Pondy Oxides opened the FY23 with a robust performance wherein the total income grew 49% to INR 364 crores in Q1 FY23 from INR 243.97 crores in Q1 FY22. Net profit jumped 35% to INR 11.59 crores. Sequentially, the net profit rose 9%. The company has further managed its expenses very well as cost of raw materials consumed have gone down 16% from the last quarter.