Pondy Oxides achieves record Q1 profitability with 90% profit surge

Pondy Oxides and Chemicals Limited reported record Q1 FY26 results, with revenue rising 36% year-on-year while profit surged 90%. EBITDA margins reached over 7% and profit margins exceeded 4.5%.

The company commenced commercial production at its new Thervoykandigai plant, adding 36,000 metric tons annual lead capacity and operating at 40-45% utilization. Lead production increased 17% to 24,167 metric tons, with EBITDA per ton rising 48% to INR16,898.

Phase 2 expansion is scheduled for commissioning in H2 FY26 with INR20 crores capital expenditure planned.