Stock Report

Onward Technologies Ltd Q2FY22 consolidated PAT drops QoQ to Rs. 5.58 crore



Posted On : 2021-10-22 16:48:32( TIMEZONE : IST )

Onward Technologies Ltd Q2FY22 consolidated PAT drops QoQ to Rs. 5.58 crore

The Board of Directors of Onward Technologies Limited, at its meeting held today have approved the unaudited Consolidated financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q2 FY2022), the company's total income was ₹ 77.0461 crore, against ₹61.0066 crore in the corresponding quarter of the previous year (YoY) and ₹85.1384 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's net profit / (loss) was ₹5.5891 crore, against ₹2.4277 crore in the corresponding quarter of the previous year (YoY) and ₹9.8916 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q2 FY2022), the company's Earnings Per Share (EPS) was ₹2.84, against ₹1.45 in the corresponding quarter of the previous year (YoY) and ₹5.78 in previous quarter (QoQ).

Financials Q2 FY2022 Q1 FY2022 QoQ % Change Q2 FY2021 YoY % Change
Total Income ₹ 77.0461 crs ₹85.1384 crs Up Tick / Down Tick-9.50% ₹61.0066 crs Up Tick / Down Tick26.29%
Net Profit ₹5.5891 crs ₹9.8916 crs Up Tick / Down Tick-43.50% ₹2.4277 crs Up Tick / Down Tick130.22 %
EPS ₹2.84 ₹5.78 Up Tick / Down Tick-50.87% ₹1.45 Up Tick / Down Tick95.86%

For the 6 Months period ended September 30, 2021(Half Year Ended FY 2022), the company's total income was ₹162.1845 crore, against ₹117.3599 crore in the previous year (YoY) (Half Year Ended FY 2021).

The net profit / (loss) was at ₹15.4807 crore for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), compared to ₹2.8179 crore in the previous year (YoY) (Half Year Ended FY 2021).

The Earnings Per Share stood at ₹8.49 for the 6 Months period ended September 30, 2021 (Half Year Ended FY 2022), against ₹1.68 in the previous year (YoY) (Half Year Ended FY 2021).

Financials Half Year Ended FY2022 Half Year Ended FY2021 % Change
Total Income ₹162.1845 crs ₹117.3599 crs Up Tick / Down Tick38.19%
Net Profit ₹15.4807 crs ₹2.8179 crs Up Tick / Down Tick449.37%
EPS ₹8.49 ₹1.68 Up Tick / Down Tick405.36%

Shares of Onward Technologies Limited was last trading in BSE at Rs. 219.15 as compared to the previous close of Rs. 221.60. The total number of shares traded during the day was 13118 in over 143 trades.

The stock hit an intraday high of Rs. 226.70 and intraday low of 216.85. The net turnover during the day was Rs. 2879240.00.

Source : Equity Bulls

Keywords

OnwardTechnologies Q2FY22 H1FY22 ResultUpdate