Onward Technologies Ltd.

The Sales for the quarter ended March 2023 of Rs. 880.22 millions rose by 32.29% from Rs. 665.39 millions.The company almost doubled its revenue to Rs. 87.14 millions  from Rs. 39.04 millions in the quarter ended March 2023.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