Onward Technologies reports standalone net profit of Rs 0.23 crore in the March 2018 quarter

Sales rise 19.77% to Rs 28.11 crore

Net profit of Onward Technologies reported to Rs 0.23 crore in the quarter ended March 2018 as against net loss of Rs 0.20 crore during the previous quarter ended March 2017. Sales rose 19.77% to Rs 28.11 crore in the quarter ended March 2018 as against Rs 23.47 crore during the previous quarter ended March 2017.

For the full year,net profit declined 25.93% to Rs 2.20 crore in the year ended March 2018 as against Rs 2.97 crore during the previous year ended March 2017. Sales rose 14.58% to Rs 106.58 crore in the year ended March 2018 as against Rs 93.02 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales28.1123.47 20 106.5893.02 15 OPM %-1.572.56 -3.344.97 - PBDT1.781.45 23 7.909.13 -13 PBT0.660.41 61 3.345.35 -38 NP0.23-0.20 LP 2.202.97 -26

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