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

Previous News
  Onward Technologies fixes record date for dividend
 ( Market Beat - Reports 26-Jun-24   10:02 )
  Onward Technologies to announce Quarterly Result
 ( Corporate News - 10-May-24   11:09 )
  Onward Technologies consolidated net profit declines 19.00% in the September 2020 quarter
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  Onward Technologies Limited: Ratings reaffirmed; outlook revised to Positive
 ( Press Releases - 23-Aug-21   10:28 )
  Onward Technologies consolidated net profit rises 124.84% in the March 2023 quarter
 ( Results - Announcements 12-May-23   14:37 )
  Onward Technologies announces resignation of company secretary
 ( Corporate News - 16-Jun-23   11:14 )
  Onward Technologies consolidated net profit rises 178.26% in the March 2019 quarter
 ( Results - Announcements 18-May-19   13:51 )
  Onward Technologies to conduct board meeting
 ( Corporate News - 08-May-20   10:07 )
  Board of Onward Technologies approves appointment of directors
 ( Corporate News - 23-May-17   09:38 )
  Onward Technologies net profit rises 928.57% in the March 2014 quarter
 ( Results - Announcements 22-May-14   11:37 )
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