Onward Technologies Ltd Q1FY22 consolidated PAT rises to Rs. 9.89 crore

ONWARD TECHNOLOGIES LTD. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.85.13 crores during the period ended June 30, 2021 as compared to Rs.68.34 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.9.89 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.2.16 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.5.78 for the period ended June 30, 2021 as compared to Rs.1.27 for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 85.13 crs	₹ 68.34 crs	24.57%
Net Profit	₹ 9.89 crs	₹ 2.16 crs	357.87%
EPS	₹ 5.78	₹ 1.27	355.12%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.85.13 crores during the period ended June 30, 2021 as compared to Rs.56.35 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.9.89 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.0.3902 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.5.78 for the period ended June 30, 2021 as compared to Rs.0.23 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 85.13 crs	₹ 56.35 crs	51.07%
Net Profit	₹ 9.89 crs	₹ 0.3902 crs	2434.6%
EPS	₹ 5.78	₹ 0.23	2413.04%

Shares of ONWARD TECHNOLOGIES LTD. was last trading in BSE at Rs.234 as compared to the previous close of Rs. 226.1. The total number of shares traded during the day was 9547 in over 173 trades.

The stock hit an intraday high of Rs. 235 and intraday low of 221. The net turnover during the day was Rs. 2185082.

Source : Equity Bulls

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