Pondy Oxides & Chemicals Ltd Q4FY23 results out, net profit grows by 35%

Incorporated in the year 1995 and headquartered in Chennai, Pondy Oxides and Chemicals is India’s leading non-ferrous recycling company and the largest secondary lead metal manufacturing company in India. The company recycles lead, copper, zinc and plastic in various forms.

The firm has established, POCL Future Tech Private Limited as a subsidiary business, and it will engage in business in areas such as plastics, where it will use its own and other industrial plastics, e-waste, lithium ion recycling, rubber, oil, glass, paper, and other value-added products.

• Pondy Oxides & Chemicals Ltd reported Total revenue for Q4 FY23 of ₹435 Crore, up from ₹397 Crore year on year depicting a growth of 10%.
• Total Expenses for Q4 FY23 of ₹417 Crore up, from ₹387 Crore year on year, a growth of 8%. 
• Consolidated Net Profit of ₹14.23 Crore, up 35% from ₹10.52 Crore in the same quarter of the previous year. 
• The Earnings per Share is ₹12.24, up 35% from ₹9.05 in the same quarter of the previous year.