Onward Technologies - Quaterly Results
Date: 14-01-2022
The Sales for the quarter ended December 2021 of Rs. 595.58 millions rose by 40.86% from Rs. 422.83 millions.The Company's Net profit for the December 2021 quarter have declined marginally to Rs. 29.36 millions as against Rs. 37.31 millions reported during the corresponding quarter ended.Operating profit for the quarter ended December 2021 decreased to 64.00 millions as compared to 77.13 millions of corresponding quarter ended December 2020.
| | 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 |