Pondy Oxides & Chemicals Limited — Investor Meet, 18-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates
18-10-2024 · 05:03 pm
Pondy Oxides and Chemicals Ltd reported robust Q2 FY 2024-25 results, with consolidated revenue increasing 42% year-on-year to INR 1,024 crores, driven by strong sales in lead (up 49% quarterly). The company plans to enhance production capacity and recently approved a fundraise strategy of up to INR 250 crores for strategic expansions. Management expressed optimism regarding future growth, targeting a long-term revenue split of 50% from lead and 50% from other verticals by 2027.
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