Pondy Oxides & Chemicals Q2 Results Live : Pondy Oxides & Chemicals declared their Q2 results on 16 Oct, 2024, showcasing a robust financial performance. The company reported a topline increase of 45.93% year-over-year, while profits soared by an impressive 168.25%.
In comparison to the previous quarter, Pondy Oxides & Chemicals experienced a revenue growth of 30.15%, along with a profit increase of 17.74%. This consistent upward trend reflects the company’s effective operational strategies and market positioning.
Notably, the company saw a reduction in selling, general, and administrative expenses, which declined by 8.54% quarter-over-quarter and by 12.79% year-over-year. This efficiency in cost management has contributed to the overall profit surge.
The operating income also showed significant improvement, rising by 27.43% sequentially and 98.92% year-over-year, indicating strong operational performance and increasing demand for the company’s products.
Pondy Oxides & Chemicals reported an earnings per share (EPS) of ₹5.67 for Q2, marking a 16.05% increase year-over-year, further underlining the company’s financial health.
Despite facing a challenging week with a -44.83% return, the company has delivered an impressive 58.55% return over the last six months and a remarkable 111.58% year-to-date return, showcasing its resilience in the market.
Currently, Pondy Oxides & Chemicals boasts a market capitalization of ₹2770.72 Cr, with a 52-week high of ₹2380 and a low of ₹382.45, illustrating significant volatility but also potential for growth.
Pondy Oxides & Chemicals Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 579.11 | 444.94 | +30.15% | 396.83 | +45.93% |
| Selling/ General/ Admin Expenses Total | 5.88 | 6.43 | -8.54% | 6.74 | -12.79% |
| Depreciation/ Amortization | 4.06 | 3.57 | +13.57% | 3.36 | +20.8% |
| Total Operating Expense | 554.37 | 425.53 | +30.28% | 384.39 | +44.22% |
| Operating Income | 24.74 | 19.41 | +27.43% | 12.43 | +98.92% |
| Net Income Before Taxes | 21.33 | 17.86 | +19.48% | 8.78 | +143.03% |
| Net Income | 15.26 | 12.96 | +17.74% | 5.69 | +168.25% |
| Diluted Normalized EPS | 5.67 | 9.92 | -42.79% | 4.89 | +16.05% |
Leave a Reply