Onward Technologies reports consolidated net profit of Rs 0.09 crore in the March 2017 quarter

Sales rise 15.05% to Rs 58.32 crore

Net profit of Onward Technologies reported to Rs 0.09 crore in the quarter ended March 2017 as against net loss of Rs 3.21 crore during the previous quarter ended March 2016. Sales rose 15.05% to Rs 58.32 crore in the quarter ended March 2017 as against Rs 50.69 crore during the previous quarter ended March 2016.

For the full year,net profit rose 66.46% to Rs 5.31 crore in the year ended March 2017 as against Rs 3.19 crore during the previous year ended March 2016. Sales rose 13.15% to Rs 223.73 crore in the year ended March 2017 as against Rs 197.73 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales58.3250.69 15 223.73197.73 13 OPM %5.334.62 -5.526.80 - PBDT2.982.59 15 12.0411.96 1 PBT1.761.62 9 7.718.14 -5 NP0.09-3.21 LP 5.313.19 66

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