Stock Report

Onward Technologies Ltd's Q3FY24 consolidated PAT falls QoQ to Rs. 6.78 crores



Posted On : 2024-01-19 14:27:13( TIMEZONE : IST )

Onward Technologies Ltd's Q3FY24 consolidated PAT falls QoQ to Rs. 6.78 crores

Onward Technologies Limited has reported Consolidated financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 118.1953 crores during the period ended December 31, 2023 as compared to Rs. 121.6641 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 6.7858 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 9.5698 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.96 for the period ended December 31, 2023 as compared to Rs. 4.18 for the period ended September 30, 2023.

Financials Q3 FY2024 Q2 FY2024 % Change
Total Income ₹ 118.1953 crs ₹121.6641 crs Up Tick / Down Tick-2.85%
Net Profit ₹6.7858 crs ₹9.5698 crs Up Tick / Down Tick-29.09%
EPS ₹2.96 ₹4.18 Up Tick / Down Tick-29.19%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 118.1953 crores during the period ended December 31, 2023 as compared to Rs.116.9020 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.6.7858 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.2.4584 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.96 for the period ended December 31, 2023 as compared to Rs.1.08 for the period ended December 31, 2022.

Financials Q3 FY2024 Q3 FY2023 % Change
Total Income ₹ 118.1953 crs ₹116.9020 crs Up Tick / Down Tick1.11%
Net Profit ₹6.7858 crs ₹2.4584 crs Up Tick / Down Tick176.03%
EPS ₹2.96 ₹1.08 Up Tick / Down Tick174.07%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.362.1240 crores during the 9 Months period ended December 31, 2023 as compared to Rs.323.2226 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.27.2363 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.4.2431 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.11.90 for the 9 Months period ended December 31, 2023 as compared to Rs.1.87 for the 9 Months period ended December 31, 2022.

Financials 9 Months Ended FY2024 9 Months Ended FY2023 % Change
Total Income ₹362.1240 crs ₹323.2226 crs Up Tick / Down Tick12.04%
Net Profit ₹27.2363 crs ₹4.2431 crs Up Tick / Down Tick541.90%
EPS ₹11.90 ₹1.87 Up Tick / Down Tick536.36%

Shares of Onward Technologies Limited was last trading in BSE at Rs. 622.40 as compared to the previous close of Rs. 617.90. The total number of shares traded during the day was 36385 in over 2540 trades.

The stock hit an intraday high of Rs. 630.00 and intraday low of 580.30. The net turnover during the day was Rs. 21835007.00.

Source : Equity Bulls

Keywords

OnwardTechnologies Q3FY24 9MFY24 ResultUpdate