Onward Technologies net profit rises 928.57% in the March 2014 quarter

Sales rise 22.48% to Rs 20.54 crore

Net profit of Onward Technologies rose 928.57% to Rs 0.72 crore in the quarter ended March 2014 as against Rs 0.07 crore during the previous quarter ended March 2013. Sales rose 22.48% to Rs 20.54 crore in the quarter ended March 2014 as against Rs 16.77 crore during the previous quarter ended March 2013.

For the full year,net profit rose 49.60% to Rs 5.61 crore in the year ended March 2014 as against Rs 3.75 crore during the previous year ended March 2013. Sales rose 9.93% to Rs 73.84 crore in the year ended March 2014 as against Rs 67.17 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales20.5416.77 22 73.8467.17 10 OPM %19.969.36 -16.5113.34 - PBDT3.782.33 62 10.797.98 35 PBT3.091.60 93 7.985.02 59 NP0.720.07 929 5.613.75 50

Powered by Capital Market - Live News