Onward Technologies Ltd.

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.The Net Profit of the company slipped to Rs. 60.22 millions from Rs. 87.14 millions, a decline of -30.89% on QoQ basis.The company reported a degrowth in operating Profit to 118.26 millions from 152.85 millions.

(Rs. in Million)

	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