OCCL Limited — Updates, 11-02-2025: Press Release

OCCL Limited reported its unaudited financial results for the quarter and nine months ended December 31, 2024. During Q3 FY25, total income was ₹96.5 crore, with EBITDA of ₹16 crore translating to a margin of 16.6%. The company's profit after tax stood at ₹5.2 crore, with a net margin of 5.4%. The results reflect challenges from elevated international freight costs and a slowdown in major markets, though domestic demand remains stable due to capital expenditure from tyre OEMs. The domestic tyre industry is projected to grow at about 5.5% per annum.

In strategic moves, the company has applied for an antidumping duty on the import of insoluble sulphur from China and Japan, with proceedings at an advanced stage. Management remains optimistic, citing strong financial discipline and a robust balance sheet as key strengths in navigating the current business environment. Continuous focus on operational excellence and cost optimization positions the company for sustainable long-term growth.