Onward Technologies reports Profit after tax of Rs 29.75 Mln, in the March 2021 quarter
Date: 14-05-2021
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
| | 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 |