Onward Technologies Ltd.

The June 2023 quarter revenue stood at Rs. 844.91 millions, up 22.23% as compared to Rs. 691.26 millions during the corresponding quarter last year.The company almost doubled its revenue to Rs. 66.33 millions  from Rs. 28.53 millions in the quarter ended June 2023.Operating Profit saw a handsome growth to 124.28 millions from 68.91 millions in the quarter ended June 2023.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202306	202206	% Var	202306	202206	% Var	202303	202203	% Var
Sales	844.91	691.26	22.23	844.91	691.26	22.23	3151.65	2343.95	34.46
Other Income	12.17	29.37	-58.56	12.17	29.37	-58.56	94.53	56.00	68.80
PBIDT	124.28	68.91	80.35	124.28	68.91	80.35	360.94	232.38	55.32
Interest	3.40	4.24	-19.81	3.40	4.24	-19.81	16.57	10.12	63.74
PBDT	120.88	64.67	86.92	120.88	64.67	86.92	344.37	222.26	54.94
Depreciation	31.95	30.18	5.86	31.95	30.18	5.86	127.03	92.10	37.93
PBT	88.93	34.49	157.84	88.93	34.49	157.84	217.34	130.16	66.98
TAX	22.60	5.96	279.19	22.60	5.96	279.19	54.42	36.92	47.40
Deferred Tax	-0.39	1.22	-131.97	-0.39	1.22	-131.97	4.72	9.33	-49.41
PAT	66.33	28.53	132.49	66.33	28.53	132.49	162.92	93.24	74.73
Equity	223.71	220.67	1.38	223.71	220.67	1.38	223.05	220.21	1.29
PBIDTM(%)	14.71	9.97	47.55	14.71	9.97	47.55	11.45	9.91	15.52