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Onward Technologies net profit declines 98.35% in the March 2013 quarter

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Capital Market
Net profit of Onward Technologies declined 98.35% to Rs 0.07 crore in the quarter ended March 2013 as against Rs 4.24 crore during the previous quarter ended March 2012. Sales declined 5.25% to Rs 16.77 crore in the quarter ended March 2013 as against Rs 17.70 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 56.50% to Rs 3.75 crore in the year ended March 2013 as against Rs 8.62 crore during the previous year ended March 2012. Sales rose 9.06% to Rs 67.17 crore in the year ended March 2013 as against Rs 61.59 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear Ended Mar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales16.7717.70 -5 67.1761.59 9 OPM %11.2717.46 -35 13.3417.70 -25 PBDT2.333.13 -26 7.989.71 -18 PBT1.602.33 -31 5.026.71 -25 NP0.074.24 -98 3.758.62 -56

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First Published: May 18 2013 | 9:49 AM IST

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