Pondy Oxides & Chemicals announced that it has incorporated a Limited Liability Partnership in the name of POCL Recycle City LLP in the State of Tamil Nadu, Chennai.
The incorporation was completed on 12 March 2025. The newly formed LLP will engage in the business of dismantling and shredding ferrous and non-ferrous metals, as well as other non-metallic scrap materials.The initial contribution to POCL Recycle City LLP is Rs 2,00,000 on a cash consideration basis, with POCL holding a 60% controlling stake in the LLP.
Pondy Oxides & Chemicals is Indias leading recycling and manufacturing company and a pioneer in lead and lead alloys.
The companys consolidated net profit jumped 30.6% to Rs 13.23 crore in Q3 FY25 as compared with Rs 10.13 crore in Q3 FY24. Revenue from operations increased 11.3% YoY to Rs 509.15 crore during the quarter.
The counter slipped 2.50% to currently trade at Rs 504.55 on the BSE.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app