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Onward Technologies - Quaterly Results

17 Jul 2023 Evaluate
The June 2023 quarter revenue stood at Rs. 844.91 millions, up 22.23% as compared to Rs. 691.26 millions during the corresponding quarter last year.The company almost doubled its revenue to Rs. 66.33 millions  from Rs. 28.53 millions in the quarter ended June 2023.Operating Profit saw a handsome growth to 124.28 millions from 68.91 millions in the quarter ended June 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 844.91 691.26 22.23 844.91 691.26 22.23 3151.65 2343.95 34.46
Other Income 12.17 29.37 -58.56 12.17 29.37 -58.56 94.53 56.00 68.80
PBIDT 124.28 68.91 80.35 124.28 68.91 80.35 360.94 232.38 55.32
Interest 3.40 4.24 -19.81 3.40 4.24 -19.81 16.57 10.12 63.74
PBDT 120.88 64.67 86.92 120.88 64.67 86.92 344.37 222.26 54.94
Depreciation 31.95 30.18 5.86 31.95 30.18 5.86 127.03 92.10 37.93
PBT 88.93 34.49 157.84 88.93 34.49 157.84 217.34 130.16 66.98
TAX 22.60 5.96 279.19 22.60 5.96 279.19 54.42 36.92 47.40
Deferred Tax -0.39 1.22 -131.97 -0.39 1.22 -131.97 4.72 9.33 -49.41
PAT 66.33 28.53 132.49 66.33 28.53 132.49 162.92 93.24 74.73
Equity 223.71 220.67 1.38 223.71 220.67 1.38 223.05 220.21 1.29
PBIDTM(%) 14.71 9.97 47.55 14.71 9.97 47.55 11.45 9.91 15.52
Peers
Company Name CMP
TCS 2083.95
Infosys 1000.95
HCL Technologies 1259.40
Wipro 164.15
Tech Mahindra 1547.00
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