Few takeaways from his meeting:
The outlook is robust due to ever increasing demand for batteries hence continuous demand for lead and lead oxides.
FY 09 was indeed a very tough year. Since then then company has re-aligned a lot of things, changed its business model so as to reduce the effects due to volatility in lead prices.
Major achievement has been penetrating the exports market. In FY 2009, the export sales were 16.64 Cr, in FY 2010 the company did 50.88 Cr and for FY 2011, the company expects to cross 100 Cr as export turnover.
The growth momentum witnessed in Q1 is sustainable.
Plants
About: Pondy Oxides & Chemicals Ltd.
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