Onward Technologies Ltd.

A decent increase of about 32.29% in the sales to Rs. 880.22 millions was observed for the quarter ended March 2023. The sales figure stood at Rs. 665.39 millions during the year-ago period.Net Profit witnessed a 123.21% growth almost the double from Rs. 39.04 millions to Rs. 87.14  millions  of same quarter last year.OP of the company witnessed a marginal growth to 152.85 millions from 86.65 millions in the same quarter last year.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202303	202203	% Var	202303	202203	% Var	202303	202203	% Var
Sales	880.22	665.39	32.29	3151.65	2343.95	34.46	3151.65	2343.95	34.46
Other Income	30.97	19.00	63.00	94.53	56.00	68.80	94.53	56.00	68.80
PBIDT	152.85	86.65	76.40	360.94	232.38	55.32	360.94	232.38	55.32
Interest	3.86	3.14	22.93	16.57	10.12	63.74	16.57	10.12	63.74
PBDT	148.99	83.51	78.41	344.37	222.26	54.94	344.37	222.26	54.94
Depreciation	32.07	26.19	22.45	127.03	92.10	37.93	127.03	92.10	37.93
PBT	116.92	57.32	103.98	217.34	130.16	66.98	217.34	130.16	66.98
TAX	29.78	18.28	62.91	54.42	36.92	47.40	54.42	36.92	47.40
Deferred Tax	2.19	8.87	-75.31	4.72	9.33	-49.41	4.72	9.33	-49.41
PAT	87.14	39.04	123.21	162.92	93.24	74.73	162.92	93.24	74.73
Equity	223.05	220.21	1.29	223.05	220.21	1.29	223.05	220.21	1.29
PBIDTM(%)	17.36	13.02	33.35	11.45	9.91	15.52	11.45	9.91	15.52