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Onward Technologies reports Profit after tax of Rs 29.75 Mln, in the March 2021 quarter

14 May 2021 Evaluate
The revenue for the March 2021 quarter is pegged at Rs. 497.09 millions, about 13.26% up against Rs. 438.90 millions recorded during the year-ago period.The Total Profit for the quarter ended March 2021 of Rs. 29.75 millions grew from Rs.-29.93 millions Operating profit Margin for the quarter ended March 2021 improved to 66.31% as compared to -6.59% of corresponding quarter ended March 2020


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202103 202003 % Var
Sales 497.09 438.90 13.26 1726.67 1805.60 -4.37 1726.67 1805.60 -4.37
Other Income 24.80 8.36 196.65 84.61 65.19 29.79 84.61 65.19 29.79
PBIDT 66.31 -6.59 -1106.22 280.73 210.45 33.40 280.73 210.45 33.40
Interest 3.82 7.40 -48.38 20.79 32.94 -36.89 20.79 32.94 -36.89
PBDT 62.49 -13.99 -546.68 259.94 177.51 46.44 259.94 177.51 46.44
Depreciation 22.09 24.94 -11.43 92.85 101.90 -8.88 92.85 101.90 -8.88
PBT 40.40 -38.93 -203.78 167.09 75.61 120.99 167.09 75.61 120.99
TAX 10.65 -9.00 -218.33 40.41 21.45 88.39 40.41 21.45 88.39
Deferred Tax 2.44 -11.58 -121.07 3.33 -15.09 -122.07 3.33 -15.09 -122.07
PAT 29.75 -29.93 -199.40 126.68 54.16 133.90 126.68 54.16 133.90
Equity 163.39 160.43 1.85 163.39 160.43 1.85 163.39 160.43 1.85
PBIDTM(%) 13.34 -1.50 -988.42 16.26 11.66 39.49 16.26 11.66 39.49
Peers
Company Name CMP
TCS 2078.15
Infosys 1008.25
HCL Technologies 1247.30
Wipro 164.10
Tech Mahindra 1546.95
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