Onward Technologies - Quaterly Results
Date: 17-07-2023
The revenue zoomed 22.23% to Rs. 844.91 millions for the quarter ended June 2023 as compared to Rs. 691.26 millions during the corresponding quarter last year.The Total revenue for the quarter ended June 2023 of Rs. 66.33 millions grew by 132.49% from Rs. 28.53 millions.Operating profit surged to 124.28 millions from the corresponding previous quarter of 68.91 millions.
| | 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 |