Onward Technologies Ltd.

A fair growth of 5.99% in the revenue at Rs. 895.49 millions was reported in the June 2024 quarter as compared to Rs. 844.91 millions during year-ago period.The Company has registered profit of Rs. 76.10  millions for the quarter ended June 2024, a growth of 14.73%  over Rs. 66.33 millions millions achieved in the corresponding quarter of last year.Operating profit for the quarter ended June 2024 rose to 142.49 millions as compared to 124.28 millions of corresponding quarter ended June 2023.

(Rs. in Million)

	Quarter ended			Year to Date			Year ended
	202406	202306	% Var	202406	202306	% Var	202403	202303	% Var
Sales	895.49	844.91	5.99	895.49	844.91	5.99	3459.52	3151.65	9.77
Other Income	26.71	12.17	119.47	26.71	12.17	119.47	102.80	76.99	33.52
PBIDT	142.49	124.28	14.65	142.49	124.28	14.65	515.85	360.95	42.91
Interest	6.47	3.40	90.29	6.47	3.40	90.29	14.41	16.57	-13.04
PBDT	136.02	120.88	12.52	136.02	120.88	12.52	501.44	344.38	45.61
Depreciation	34.10	31.95	6.73	34.10	31.95	6.73	128.97	127.03	1.53
PBT	101.92	88.93	14.61	101.92	88.93	14.61	372.47	217.35	71.37
TAX	25.82	22.60	14.25	25.82	22.60	14.25	95.17	54.42	74.88
Deferred Tax	-3.04	-0.39	679.49	-3.04	-0.39	679.49	0.81	4.72	-82.84
PAT	76.10	66.33	14.73	76.10	66.33	14.73	277.30	162.93	70.20
Equity	225.79	223.71	0.93	225.79	223.71	0.93	225.20	223.05	0.96
PBIDTM(%)	15.91	14.71	8.18	15.91	14.71	8.18	14.91	11.45	30.20