Categories AlphaGraphs, Earnings, Industrials
Pondy Oxides & Chemicals Ltd reports a 32% rise in its Q2FY24 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 Q2FY24 of ₹396.83 Crores up from ₹301.14 Crore year on year, a rise of 31.78%.
Total Expenses for Q2FY24 of ₹389.15 Crores up from ₹286.97 Crores year on year, a rise of 35.61%.
Consolidated Net Profit of ₹5.69 Crores down 51.62% from ₹11.76 Crores in the same quarter of the previous year.
The Earnings per Share is ₹4.89, down 51.68% from ₹10.12 in the same quarter of the previous year.
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