Onward Technologies Ltd.

BSE: 517536 | NSE: ONWARDTEC
Small Cap | IT - Software
319.30
7.80 (2.50%)
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Onward Technologies reports 34% jump in Q3 net profit

Date: 24-01-2012

Onward Technologies has reported results for its third quarter ended December 31, 2011.

The company has posted a 33.93% jump in net profit after tax of Rs 1.50 crore for the quarter ended December 31, 2011 as compared to Rs 1.12 crore for the same quarter in the previous year. Net sales have soared by 36.04% from Rs 25.14 crore for Q3FY11 to Rs 34.20 crore in the quarter under review.

Onward Technologies (OTL) is an ISO 9001-2000 certified company serving customers in the areas of Engineering Design Services, IT Services and IT driven Banking Products & Financial Services.