Results     12-May-23
Announcements
Onward Technologies standalone net profit rises 123.33% in the March 2023 quarter
Sales rise 32.28% to Rs 88.02 crore
Net profit of Onward Technologies rose 123.33% to Rs 8.71 crore in the quarter ended March 2023 as against Rs 3.90 crore during the previous quarter ended March 2022. Sales rose 32.28% to Rs 88.02 crore in the quarter ended March 2023 as against Rs 66.54 crore during the previous quarter ended March 2022.

For the full year,net profit rose 74.79% to Rs 16.29 crore in the year ended March 2023 as against Rs 9.32 crore during the previous year ended March 2022. Sales rose 34.46% to Rs 315.17 crore in the year ended March 2023 as against Rs 234.40 crore during the previous year ended March 2022.

ParticularsQuarter EndedYear Ended
 Mar. 2023Mar. 2022% Var.Mar. 2023Mar. 2022% Var.
Sales88.0266.54 32 315.17234.40 34
OPM %13.8510.16 -8.457.52 -
PBDT14.908.35 78 34.4322.22 55
PBT11.695.73 104 21.7313.01 67
NP8.713.90 123 16.299.32 75

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