Onward Technologies - Quaterly Results
Date: 17-05-2024
A minor change in the total revenue was seen in the March 2024 quarter. The total revenue for the quarter stood at Rs. 891.84 millions against Rs. 880.22 millions during year ago period.A big decline of -30.89% was reported for the quarter ended March 2024 to Rs. 60.22 millions from Rs. 87.14 millions of corresponding previous quarter.The company reported a degrowth in operating Profit to 118.26 millions from 152.85 millions.
| | Quarter ended | Year to Date | Year ended |
| | 202403 | 202303 | % Var | 202403 | 202303 | % Var | 202403 | 202303 | % Var |
| Sales | 891.84 | 880.22 | 1.32 | 3459.52 | 3151.65 | 9.77 | 3459.52 | 3151.65 | 9.77 |
| Other Income | 33.07 | 21.00 | 57.48 | 102.80 | 76.99 | 33.52 | 102.80 | 76.99 | 33.52 |
| PBIDT | 118.26 | 152.85 | -22.63 | 515.85 | 360.95 | 42.91 | 515.85 | 360.95 | 42.91 |
| Interest | 5.09 | 3.86 | 31.87 | 14.41 | 16.57 | -13.04 | 14.41 | 16.57 | -13.04 |
| PBDT | 113.17 | 148.99 | -24.04 | 501.44 | 344.38 | 45.61 | 501.44 | 344.38 | 45.61 |
| Depreciation | 32.51 | 32.07 | 1.37 | 128.97 | 127.03 | 1.53 | 128.97 | 127.03 | 1.53 |
| PBT | 80.66 | 116.92 | -31.01 | 372.47 | 217.35 | 71.37 | 372.47 | 217.35 | 71.37 |
| TAX | 20.44 | 29.78 | -31.36 | 95.17 | 54.42 | 74.88 | 95.17 | 54.42 | 74.88 |
| Deferred Tax | 0.85 | 2.19 | -61.19 | 0.81 | 4.72 | -82.84 | 0.81 | 4.72 | -82.84 |
| PAT | 60.22 | 87.14 | -30.89 | 277.30 | 162.93 | 70.20 | 277.30 | 162.93 | 70.20 |
| Equity | 225.20 | 223.05 | 0.96 | 225.20 | 223.05 | 0.96 | 225.20 | 223.05 | 0.96 |
| PBIDTM(%) | 13.26 | 17.36 | -23.64 | 14.91 | 11.45 | 30.20 | 14.91 | 11.45 | 30.20 |