Are Onward Technolog latest results good or bad?

Jun 07 2025 03:11 AM IST
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Onward Technologies' latest results are positive, with net sales reaching Rs 127.29 crore and significant year-on-year increases in profitability, including a 59.61% rise in Profit Before Tax and a 55.8% increase in Profit After Tax. Overall, the company shows strong financial growth and improved operational efficiency.
Onward Technologies has reported its financial results for the quarter ending March 2025, showcasing a notable performance. The company experienced a year-on-year growth in net sales, reaching Rs 127.29 crore, which is the highest figure recorded in the last five quarters, indicating a positive trend in sales.

Profit Before Tax less Other Income (PBT) amounted to Rs 9.88 crore, reflecting a year-on-year increase of 59.61%. Similarly, Profit After Tax (PAT) stood at Rs 10.41 crore, marking a significant rise of 55.8% compared to the previous year. This growth in profitability suggests enhanced operational efficiency for the company.

The Operating Profit (PBDIT) also reached a peak of Rs 13.85 crore, with an Operating Profit Margin of 10.88%, the best in the same period. Furthermore, Earnings per Share (EPS) increased to Rs 4.59, indicating improved profitability for shareholders.

Overall, Onward Technologies has demonstrated strong financial growth in this quarter, reflecting enhanced operational efficiency and profitability. Additionally, the company saw an adjustment in its evaluation over the past three months, indicating a notable turnaround in its financial standing.
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