2024-10-17 11:15:18 :
Pondy Oxides & Chemicals Second Quarter Results Release Live: Pondy Oxides & Chemicals announced its second quarter results on October 16, 2024, demonstrating strong financial performance. The company’s revenue increased by 45.93% year-over-year, and profits soared by an impressive 168.25%.
Compared to the previous quarter, Pondy Oxides & Chemicals’ revenue increased by 30.15% and profit increased by 17.74%. This continued upward trend reflects the company’s effective operating strategy and market positioning.
It is worth noting that the company’s selling, general and administrative expenses decreased, down 8.54% month-on-month and 12.79% year-on-year. This efficiency in cost management contributed to a surge in overall profits.
Operating income also improved significantly, with a month-on-month increase of 27.43% and a year-on-year increase of 98.92%, indicating that the company’s operating performance is strong and product demand is increasing.
Pondy Oxides & Chemicals reported earnings per share (EPS) of $In the second quarter, it was 5.67, a year-on-year increase of 16.05%, further highlighting the company’s financial health.
Despite facing a challenging week (-44.83% return), the company has delivered an impressive 58.55% return over the past six months and has posted an impressive year-to-date return 111.58%, demonstrating its resilience in the market.
Currently, Pondy Oxides & Chemicals has a market capitalization of $2770.72 Cr, 52-week high $2380 and minimum $382.45, indicating high volatility, but also potential for growth.
Pondy Oxides and Chemicals Finance
| period | Q2 | Q1 | month-on-month growth | Q2 | year-on-year growth |
|---|---|---|---|---|---|
| total revenue | 579.11 | 444.94 | +30.15% | 396.83 | +45.93% |
| Total Selling/General/Administrative Expenses | 5.88 | 6.43 | -8.54% | 6.74 | -12.79% |
| Depreciation/Amortization | 4.06 | 3.57 | +13.57% | 3.36 | +20.8% |
| total operating expenses | 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 tax | 21.33 | 17.86 | +19.48% | 8.78 | +143.03% |
| net income | 15.26 | 12.96 | +17.74% | 5.69 | +168.25% |
| Diluted normalized earnings per share | 5.67 | 9.92 | -42.79% | 4.89 | +16.05% |
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