Shares of Pondy Oxides and Chemicals Ltd (POCL) surged 15.27% on Wednesday to ₹1,093.30 apiece after the company reported a robust 90% year-on-year (YoY) growth in net profit for the first quarter of FY26. The profit after tax (PAT) stood at ₹28 crore compared to ₹14.7 crore in Q1FY25, with PAT margins improving to 4.6% from 3.3% last year.
The rally came after POCL announced its Q1FY26 results, where revenue from operations rose 36% YoY and 15% quarter-on-quarter (QoQ) to ₹596 crore, driven by higher production, better realizations, and increased sales of lead and copper products. On a consolidated basis, revenue grew 35% YoY.
EBITDA surged 82% YoY to ₹43 crore, with margins surpassing the 7% mark. Consolidated EBITDA rose 78% YoY. The company credited this to its growing focus on value-added products, particularly in the lead segment, where the share jumped to 71% of segment sales, up from 50% YoY.
At market open, POCL shares hit an intraday high of ₹1,096.00, sharply higher from the previous close of ₹948.50. The company’s market cap rose to ₹32.51 billion.
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