Onward Technologies Ltd.

The revenue for the September 2023 quarter is pegged at Rs. 870.86 millions, about 13.46% up against Rs. 767.55 millions recorded during the year-ago period.Net Profit for the quarter ended September 2023 zoomed to 559.03% from Rs. 12.13 millions to Rs. 79.94  millions.The company reported a good operating profit of 142.29 millions compared to 53.51 millions of corresponding previous quarter.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202309	202209	% Var	202309	202209	% Var	202303	202203	% Var
Sales	870.86	767.55	13.46	1715.77	1458.81	17.61	3151.65	2343.95	34.46
Other Income	25.09	20.07	25.01	37.26	49.44	-24.64	94.53	56.00	68.80
PBIDT	142.29	53.51	165.91	266.57	122.42	117.75	360.94	232.38	55.32
Interest	3.08	4.26	-27.70	6.48	8.50	-23.76	16.57	10.12	63.74
PBDT	139.21	49.25	182.66	260.09	113.92	128.31	344.37	222.26	54.94
Depreciation	32.04	31.77	0.85	63.99	61.95	3.29	127.03	92.10	37.93
PBT	107.17	17.48	513.10	196.10	51.97	277.33	217.34	130.16	66.98
TAX	27.23	5.35	408.97	49.83	11.31	340.58	54.42	36.92	47.40
Deferred Tax	1.86	1.18	57.63	1.47	2.40	-38.75	4.72	9.33	-49.41
PAT	79.94	12.13	559.03	146.27	40.66	259.74	162.92	93.24	74.73
Equity	224.28	221.53	1.24	224.28	221.53	1.24	223.05	220.21	1.29
PBIDTM(%)	16.34	6.97	134.37	15.54	8.39	85.14	11.45	9.91	15.52