Onward Technologies Ltd.

The Total revenue for the quarter ended December 2023 of  Rs. 851.91 millions remain, more or less, the same.The Net Profit of the company reported a remarkable increase of 101.51% to Rs. 70.83  millions  from Rs. 35.15 millions in previous same quarter.Operating profit for the quarter ended December 2023 rose to 131.04 millions as compared to 85.68 millions of corresponding quarter ended December 2022.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202312	202212	% Var	202312	202212	% Var	202303	202203	% Var
Sales	851.91	812.62	4.83	2567.68	2271.43	13.04	3151.65	2343.95	34.46
Other Income	45.73	19.87	130.15	82.99	69.31	19.74	94.53	56.00	68.80
PBIDT	131.04	85.68	52.94	397.61	208.10	91.07	360.94	232.38	55.32
Interest	2.84	4.21	-32.54	9.32	12.71	-26.67	16.57	10.12	63.74
PBDT	128.20	81.47	57.36	388.29	195.39	98.73	344.37	222.26	54.94
Depreciation	32.47	33.00	-1.61	96.46	94.95	1.59	127.03	92.10	37.93
PBT	95.73	48.47	97.50	291.83	100.44	190.55	217.34	130.16	66.98
TAX	24.90	13.32	86.94	74.73	24.63	203.41	54.42	36.92	47.40
Deferred Tax	-1.51	0.13	-1261.54	-0.04	2.53	-101.58	4.72	9.33	-49.41
PAT	70.83	35.15	101.51	217.10	75.81	186.37	162.92	93.24	74.73
Equity	225.02	222.58	1.10	225.02	222.58	1.10	223.05	220.21	1.29
PBIDTM(%)	15.38	10.54	45.89	15.49	9.16	69.02	11.45	9.91	15.52