Pondy Oxides spikes 8 per cent post Q1FY19 numbers

Pondy Oxides & Chemicals reported its results for the quarter ended June 30, 2018 on Tuesday. The company’s standalone revenue for the quarter came in at Rs. 247.5 crore as against Rs. 237.19 crore in the corresponding quarter last year, registering 4.3 per cent yoy increase.

EBITDA for the quarter rose by 30.4 per cent yoy to Rs. 15.51 crore as against Rs. 11.89 crore in the corresponding quarter last year, with a corresponding margin expansion of 125 bps. EBITDA margin for the quarter stood at 6.3 per cent as against 5 per cent in the corresponding quarter last year.

The PAT for the quarter came in at Rs. 8.15 crore as against Rs. 7.03 crore in the corresponding quarter last year, yoy increase of 15.9 per cent.
 
Pondy Oxides and Chemicals is mainly engaged in the business of lead metal and alloy.

On Wednesday, the stock opened at Rs. 385 per share and made an intraday high of Rs. 402 per cent on the BSE.