Onward Technologies consolidated net profit rises 66.67% in the March 2018 quarter

Sales rise 6.62% to Rs 62.04 crore

Net profit of Onward Technologies rose 66.67% to Rs 1.15 crore in the quarter ended March 2018 as against Rs 0.69 crore during the previous quarter ended March 2017. Sales rose 6.62% to Rs 62.04 crore in the quarter ended March 2018 as against Rs 58.19 crore during the previous quarter ended March 2017.

For the full year,net profit rose 63.90% to Rs 6.72 crore in the year ended March 2018 as against Rs 4.10 crore during the previous year ended March 2017. Sales rose 9.35% to Rs 244.46 crore in the year ended March 2018 as against Rs 223.56 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales62.0458.19 7 244.46223.56 9 OPM %-0.134.78 -4.615.01 - PBDT1.482.82 -48 12.9910.92 19 PBT0.161.60 -90 7.516.59 14 NP1.150.69 67 6.724.10 64

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