POCL’s Q4: Pondy Oxides Mixes Up a ₹5.24 Billion Revenue Brew

Pondy Oxides & Chemicals Ltd (POCL), a major player in the recycling and manufacturing industry, announced its consolidated results for the quarter ended March 2024. The organization reported strong operational performance, indicating its sustained growth path and strategic developments in core businesses.

 

Consolidated Revenue from Operations

POCL reported consolidated operating revenue of ₹5.24 billion (₹524 crore) for the quarter ended March 2024, a major milestone and a testament to the company's consistent market demand.

 

Net Profit

The consolidated net profit for the quarter was ₹166.1 million (₹16.61 crore), a sign of good profitability and efficient cost control.

 

Performance Context

Year-on-Year Growth: The revenue and profit numbers of the company indicate strong year-on-year growth, driven by higher production and sales in its lead, plastics, and copper businesses.

During the nine months ended 30 December 2024, POCL recorded a 30% year-on-year growth in consolidated revenue and a 108% jump in profit after tax, reflecting strong operating momentum.

 

Operational Excellence

The EBITDA margins of the company continued to be healthy at more than 5%, underlining operating efficiency and strategic emphasis on high-margin products.

 

Market and Strategic Insights

Outlook

The performance of the company in the quarter ending March 2024, along with its robust nine-month numbers, puts POCL on a high growth trajectory for the next financial year, as the management points towards sustained investment in capacity enhancement and product development. 

 

Sources: POCL, NSE India