Onward Technologies Ltd.

The sales surged to Rs. 665.39 millions, up 33.86% for the March 2022 quarter as against Rs. 497.09 millions during the corresponding quarter previous year.A good growth in profit of 31.23% reported to Rs. 39.04  millions over Rs. 29.75 millions of corresponding previous quarter.OP of the company witnessed a marginal growth to 86.65 millions from 66.31 millions in the same quarter last year.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202203	202103	% Var	202203	202103	% Var	202203	202103	% Var
Sales	665.39	497.09	33.86	2343.95	1726.67	35.75	2343.95	1726.67	35.75
Other Income	19.00	24.80	-23.39	56.00	84.61	-33.81	56.00	84.61	-33.81
PBIDT	86.65	66.31	30.67	232.38	280.73	-17.22	232.38	280.73	-17.22
Interest	3.14	3.82	-17.80	10.12	20.79	-51.32	10.12	20.79	-51.32
PBDT	83.51	62.49	33.64	222.26	259.94	-14.50	222.26	259.94	-14.50
Depreciation	26.19	22.09	18.56	92.10	92.85	-0.81	92.10	92.85	-0.81
PBT	57.32	40.40	41.88	130.16	167.09	-22.10	130.16	167.09	-22.10
TAX	18.28	10.65	71.64	36.92	40.41	-8.64	36.92	40.41	-8.64
Deferred Tax	8.87	2.44	263.52	9.33	3.33	180.18	9.33	3.33	180.18
PAT	39.04	29.75	31.23	93.24	126.68	-26.40	93.24	126.68	-26.40
Equity	220.21	163.39	34.78	220.21	163.39	34.78	220.21	163.39	34.78
PBIDTM(%)	13.02	13.34	-2.38	9.91	16.26	-39.02	9.91	16.26	-39.02