Results     12-May-23
Announcements
Onward Technologies consolidated net profit rises 124.84% in the March 2023 quarter
Sales rise 38.76% to Rs 121.37 crore
Net profit of Onward Technologies rose 124.84% to Rs 7.24 crore in the quarter ended March 2023 as against Rs 3.22 crore during the previous quarter ended March 2022. Sales rose 38.76% to Rs 121.37 crore in the quarter ended March 2023 as against Rs 87.47 crore during the previous quarter ended March 2022.

For the full year,net profit declined 51.52% to Rs 11.48 crore in the year ended March 2023 as against Rs 23.68 crore during the previous year ended March 2022. Sales rose 43.50% to Rs 440.93 crore in the year ended March 2023 as against Rs 307.27 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales121.3787.47 39 440.93307.27 44
OPM %11.597.25 -6.196.97 -
PBDT15.427.65 102 31.0141.93 -26
PBT12.164.95 146 18.0331.83 -43
NP7.243.22 125 11.4823.68 -52

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