Pondy Oxides & Chemicals Limited reported a 32% year-on-year increase in standalone net profit to ₹363 million for the quarter ended June 30, 2026, driven by a 56% surge in revenue and record operational efficiency in its lead segment. The Chennai-based metals recycler saw consolidated net profit rise by 42.6% to ₹358.8 million. Standalone revenue from operations reached ₹9,309 million, up from ₹5,962 million in the corresponding period of the previous year, marking a substantial acceleration in growth momentum.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 4, 2026, in compliance with Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. L. Mukundan & Associates, the statutory auditors, completed the limited review of the financial statements as required under the Listing Regulations. The figures for the preceding quarter ended March 31, 2026, represent balancing figures between the audited full-year results and the unaudited year-to-date figures up to the third quarter.

Financial Performance Highlights

Operational efficiency improved alongside revenue growth, with total expenses rising at a slower pace than income. Standalone total income stood at ₹9,317 million against total expenses of ₹8,758 million. In the consolidated structure, total income was ₹9,353 million while total expenses were ₹8,880 million. EBITDA for the quarter came in at ₹559 million, up from ₹431 million in the same period last year, though the EBITDA margin contracted to 6.0% from 7.2% year-on-year, reflecting the change in revenue mix. Earnings per share (EPS), adjusted retroactively for the recent stock split, reflected the profitability gains across both reporting structures.

The following table summarises the key financial metrics across standalone and consolidated reporting structures:

Key EBITDA metrics for the quarter are presented below:

Segment-Wise Analysis

The growth was primarily fueled by the copper segment, which saw sales increase more than 3.5 times year-on-year. This significant expansion contributed substantially to the top-line growth. The lead segment, traditionally the core business, reported a conscious strategic moderation in volumes to prioritize value-added products. This strategy resulted in the highest-ever Lead EBITDA per ton of ₹21,595, up 28% year-on-year, reflecting a strong focus on value creation over volume. The 'Others' category, comprising non-ferrous metals and plastics, continued to contribute to the diversified portfolio.

What the Numbers Show

A key analytical observation is the shifting revenue mix within the group. While the lead segment remains critical for margin stability, the copper segment has emerged as the primary volume growth engine, nearly doubling the combined revenue contribution compared to the prior year. This diversification reduces reliance on lead price volatility. The EBITDA margin contraction from 7.2% to 6.0% year-on-year reflects the higher revenue share of the copper segment, which operates at different margin profiles compared to the legacy lead business. Furthermore, the company executed a stock split, reducing the face value of equity shares from ₹5 to ₹2 each, effective July 21, 2026. All EPS figures presented are adjusted retroactively to reflect this subdivision, ensuring comparability with historical data despite the change in share capital structure.

The Board of Directors of pondy oxides & chemical has approved the re-appointment of its statutory audit partners for the upcoming financial year. In a meeting held on August 04, 2026, the Board accepted the recommendations of the Audit Committee to retain M/s. Kalyanasundaram & Associates as the Internal Auditor and M/s. Vivekanandan Unni & Associates as the Cost Auditor for FY27.

These appointments ensure continuity in the company’s compliance and assurance frameworks for the financial year 2026-27. The decision aligns with regulatory requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Details

The Board confirmed the terms and profiles of the appointed firms as detailed below:

M/s. Kalyanasundaram & Associates, established in 1988, provides audit, assurance, tax, and advisory services. The firm serves a diverse clientele across various sectors. M/s. Vivekanandan Unni & Associates brings extensive experience in cost accounting, having undertaken assignments including stock audits, techno-economic viability studies, and cost audits for industries such as chemicals, paper, steel, and electricity generation.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 read with Para A (7) of Part A of Schedule III of the SEBI (LODR) Regulations, 2015. The Board also referenced SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, regarding the details of the appointment. No relationship between the directors and the appointed auditors was disclosed.

The intimation has been uploaded to the company’s website for shareholder access.