Onward Technologies consolidated Q1 FY2022-23 PAT falls to Rs. 1.20 crore

Onward Technologies Limited has reported Consolidated financial results for the period ended June 30, 2022.

Financial Results (Q1 FY2023) - QoQ Comparison

The company has reported total income of Rs. 95.7773 crores during the period ended June 30, 2022 as compared to Rs. 89.0684 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs. 1.2056 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs. 3.2229 crores for the period ended March 31, 2022.

The company has reported EPS of Rs. 0.53 for the period ended June 30, 2022 as compared to Rs. 1.42 for the period ended March 31, 2022.

Financials	Q1 FY2023	Q4 FY2022	% Change
Total Income	₹ 95.7773 crs	₹89.0684 crs	7.53%
Net Profit	₹1.2056 crs	₹3.2229 crs	-62.59%
EPS	₹0.53	₹1.42	-62.68%

Financial Results (Q1 FY2023) - YoY Comparison

The company has reported total income of Rs. 95.7773 crores during the period ended June 30, 2022 as compared to Rs.85.1384 crores during the period ended June 30, 2021.

The company has posted net profit / (loss) of Rs.1.2056 crores for the period ended June 30, 2022 as against net profit / (loss) of Rs.9.8916 crores for the period ended June 30, 2021.

The company has reported EPS of Rs.0.53 for the period ended June 30, 2022 as compared to Rs.5.78 for the period ended June 30, 2021.

Financials	Q1 FY2023	Q1 FY2022	% Change
Total Income	₹ 95.7773 crs	₹85.1384 crs	12.50%
Net Profit	₹1.2056 crs	₹9.8916 crs	-87.81%
EPS	₹0.53	₹5.78	-90.83%

Shares of Onward Technologies Limited was last trading in BSE at Rs. 293.85 as compared to the previous close of Rs. 300.85. The total number of shares traded during the day was 331 in over 63 trades.

The stock hit an intraday high of Rs. 302.20 and intraday low of 291.00. The net turnover during the day was Rs. 97602.00.

Source : Equity Bulls

Keywords

OnwardTechnologies Q1FY23 ResultUpdate