Onward Technologies reports standalone net loss of Rs 1.36 crore in the March 2015 quarter

Sales rise 14.07% to Rs 23.43 crore

Net loss of Onward Technologies reported to Rs 1.36 crore in the quarter ended March 2015 as against net profit of Rs 0.72 crore during the previous quarter ended March 2014. Sales rose 14.07% to Rs 23.43 crore in the quarter ended March 2015 as against Rs 20.54 crore during the previous quarter ended March 2014.

For the full year,net profit declined 69.16% to Rs 1.73 crore in the year ended March 2015 as against Rs 5.61 crore during the previous year ended March 2014. Sales rose 17.88% to Rs 87.04 crore in the year ended March 2015 as against Rs 73.84 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales23.4320.54 14 87.0473.84 18 OPM %4.0119.96 -10.4516.51 - PBDT0.863.78 -77 7.7210.79 -28 PBT-0.123.09 PL 2.977.98 -63 NP-1.360.72 PL 1.735.61 -69

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