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.
Financial Results for Q1FY24:
- Pondy Oxides & Chemicals Ltd reported Total Income for Q1FY24 of ₹ 322 Crores, down from ₹ 365 Crores year on year depicting a fall of 12%.
- Total Expenses for Q1FY24 of ₹ 313 Crores down, from ₹ 350 Crores year on year, a fall of 10%.
- Consolidated Net Profit of ₹ 6.5 Crores, down 44% from ₹ 12 Crore in the same quarter of the previous year.
- The Earnings Per Share is ₹ 5.61, down 44% from ₹ 9.98 in the same quarter of the previous year.
Financial Performance Ratios:
POCL has shown great cost discipline by decreasing their expenses to alleviate some pressures from the decrease in revenues. All margins are presented below in a tabular form:
|Financial Margins Q1FY24 vs Q1FY23 (%)||Q1FY24||Q1FY23|
Cochin Shipyard Limited (NSE:COCHINSHIP) Q4 FY22 Earnings Concall dated May. 26, 2022 Corporate Participants: Madhu S Nair -- Chairman & Managing Director Jose V J -- Director Finance Analysts: Vastupal Shah
Can you guess the name of the company that was listed during the IPO frenzy in 2020 and is the second largest player in the Indian municipal waste management industry?
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