Onward Technologies Ltd.

A decent increase of about 40.86% in the sales to Rs. 595.58 millions was observed for the quarter ended December 2021. The sales figure stood at Rs. 422.83 millions during the year-ago period.Net profit declined -21.31% to Rs. 29.36 millions from Rs. 37.31 millions.The company reported a degrowth in operating Profit to 64.00 millions from 77.13 millions.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202112	202012	% Var	202112	202012	% Var	202103	202003	% Var
Sales	595.58	422.83	40.86	1678.56	1228.18	36.67	1726.67	1805.60	-4.37
Other Income	7.83	23.97	-67.33	37.00	59.81	-38.14	84.61	65.19	29.79
PBIDT	64.00	77.13	-17.02	145.74	214.42	-32.03	280.73	210.45	33.40
Interest	2.60	5.83	-55.40	6.99	16.97	-58.81	20.79	32.94	-36.89
PBDT	61.40	71.30	-13.88	138.75	197.45	-29.73	259.94	177.51	46.44
Depreciation	22.31	21.17	5.38	65.90	70.76	-6.87	92.85	101.90	-8.88
PBT	39.09	50.13	-22.02	72.85	126.69	-42.50	167.09	75.61	120.99
TAX	9.73	12.82	-24.10	18.63	29.75	-37.38	40.41	21.45	88.39
Deferred Tax	3.24	2.49	30.12	0.46	0.90	-48.89	3.33	-15.09	-122.07
PAT	29.36	37.31	-21.31	54.22	96.94	-44.07	126.68	54.16	133.90
Equity	219.35	162.85	34.69	219.35	162.85	34.69	163.39	160.43	1.85
PBIDTM(%)	10.75	18.24	-41.09	8.68	17.46	-50.27	16.26	11.66	39.49