Onward Technologies reports Profit after tax of Rs -6.14 Mln, in the June 2021 quarter
Date: 15-07-2021
A decent increase of about 35.04% in the sales to Rs. 515.87 millions was observed for the quarter ended June 2021. The sales figure stood at Rs. 382.01 millions during the year-ago period.The Net Loss for the quarter ended June 2021 is Rs. -6.14 millions as compared to Net Profit of Rs. 9.19 millions of corresponding quarter ended June 2020Operating profit for the quarter ended June 2021 decreased to 15.54 millions as compared to 44.09 millions of corresponding quarter ended June 2020.
| | Quarter ended | Year to Date | Year ended |
| | 202106 | 202006 | % Var | 202106 | 202006 | % Var | 202103 | 202003 | % Var |
| Sales | 515.87 | 382.01 | 35.04 | 515.87 | 382.01 | 35.04 | 1726.67 | 1805.60 | -4.37 |
| Other Income | 10.38 | 4.74 | 118.99 | 10.38 | 4.74 | 118.99 | 84.61 | 65.19 | 29.79 |
| PBIDT | 15.54 | 44.09 | -64.75 | 15.54 | 44.09 | -64.75 | 280.73 | 210.45 | 33.40 |
| Interest | 2.20 | 6.20 | -64.52 | 2.20 | 6.20 | -64.52 | 20.79 | 32.94 | -36.89 |
| PBDT | 13.34 | 37.89 | -64.79 | 13.34 | 37.89 | -64.79 | 259.94 | 177.51 | 46.44 |
| Depreciation | 21.65 | 25.68 | -15.69 | 21.65 | 25.68 | -15.69 | 92.85 | 101.90 | -8.88 |
| PBT | -8.31 | 12.21 | -168.06 | -8.31 | 12.21 | -168.06 | 167.09 | 75.61 | 120.99 |
| TAX | -2.17 | 3.02 | -171.85 | -2.17 | 3.02 | -171.85 | 40.41 | 21.45 | 88.39 |
| Deferred Tax | -4.85 | -2.69 | 80.30 | -4.85 | -2.69 | 80.30 | 3.33 | -15.09 | -122.07 |
| PAT | -6.14 | 9.19 | -166.81 | -6.14 | 9.19 | -166.81 | 126.68 | 54.16 | 133.90 |
| Equity | 174.93 | 161.17 | 8.54 | 174.93 | 161.17 | 8.54 | 163.39 | 160.43 | 1.85 |
| PBIDTM(%) | 3.01 | 11.54 | -73.90 | 3.01 | 11.54 | -73.90 | 16.26 | 11.66 | 39.49 |