Onward Technologies Ltd.

A fair growth of 13.46% in the revenue at Rs. 870.86 millions was reported in the September 2023 quarter as compared to Rs. 767.55 millions during year-ago period.Net Profit witnessed a 559.03% growth almost the double from Rs. 12.13 millions to Rs. 79.94  millions  of same quarter last year.OP of the company witnessed a marginal growth to 142.29 millions from 53.51 millions in the same quarter last year.

(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