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Pondy Oxides & Chemicals Ltd Q3FY24 reports a 22% rise in revenues

POCL’s principal activities are converting Lead Scraps of various forms into Lead Metal and Alloys. The company carries out smelting of Lead Battery Scrap to produce secondary lead metal which is further transformed into Pure lead and Specific Lead Alloys. Further company also manufactures Zinc metal and Zinc Oxide.

Financial Results:

Pondy Oxides & Chemicals Ltd reported Revenues for Q3FY24 of ₹457.00 Crores up from ₹374.00 Crore year on year, a rise of 22.19%.

Total Expenses for Q3FY24 of ₹443.00 Crores up from ₹360.00 Crores year on year, a rise of 23.06%.

Consolidated Net Profit of ₹10.00 Crores down 9.09% from ₹11.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹8.71, down 6.55% from ₹9.32 in the same quarter of the previous year.

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