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Pondy Oxides and Chemicals Q4FY23; 283% Growth in Profits QoQ

Pondy Oxides reported a QoQ rise in its revenues of 17 percent. On a yearly basis, it reported a momentous 283% rise in the net profit from ₹ 10.8 crores in Q3FY23 to ₹ 41.4 crores in Q4FY23. This happened on account of 17% rise in the total revenue of the company to ₹ 437 crores on an QoQ basis as well as the increase in profits due to exceptional items. The company has managed to bounce back and provide improved financial performance compared to the previous quarter.

Financial Performance Ratios:

The PAT Margin in Q4FY23 has significantly increased to 9.47% from 3.12% in Q3FY23. The increase in profitability margins can be contributed to rise in revenues by 17%. Total Expenses as % of Revenues from Operations in Q3FY23 was 95.85% while in Q4FY23 it has increased to 96.34%. The addition of the profit from the exceptional item has also contributed to the increased profits. All margins are presented below in a tabular form:

Financial Margins Q4FY23 vs Q3FY23 (%)Q4FY23Q3FY23
Expense Margin96.34%95.85%
PBT Margin10.64%4.2%
PAT Margin9.47%3.12%
Categories: AlphaGraphs Others
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