Onward Technologies Q1 Results Live : profit falls by 34.86% YOY
Onward Technologies Q1 Results Live : Revenue decreased by 1.69% YoY & profit decreased by 34.86% YoY
Onward Technologies Q1 Results Live : Onward Technologies declared their Q1 results on 19 Jul, 2024. The topline decreased by 1.69% & the profit decreased by 34.86% YoY. As compared to the previous quarter the revenue declined by 0.71% and the profit increased by 6.08%.
The Selling, general & administrative expenses declined by 2.38% q-o-q & decreased by 0.66% Y-o-Y.
The operating income was up by 28.11% q-o-q & decreased by 25.34% Y-o-Y.
The EPS is ₹3.09 for Q1 which decreased by 35.22% Y-o-Y.
Onward Technologies has delivered 14.08% return in the last 1 week, -23.73% return in last 6 months and -24.02% YTD return.
Currently the Onward Technologies has a market cap of ₹1073.2 Cr and 52wk high/low of ₹740 & ₹334.3 respectively.
As of 20 Jul, 2024 out of 1 analysts covering the company, 1 analyst has given Buy rating.
The consensus recommendation as on 20 Jul, 2024 was to Buy.
Onward Technologies Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 117.6 | 118.44 | -0.71% | 119.62 | -1.69% |
| Selling/ General/ Admin Expenses Total | 89.22 | 91.4 | -2.38% | 89.81 | -0.66% |
| Depreciation/ Amortization | 3.32 | 3.12 | +6.49% | 3.26 | +1.9% |
| Total Operating Expense | 109.23 | 111.91 | -2.4% | 108.41 | +0.75% |
| Operating Income | 8.37 | 6.53 | +28.11% | 11.21 | -25.34% |
| Net Income Before Taxes | 9.68 | 9.01 | +7.51% | 13.5 | -28.27% |
| Net Income | 7.09 | 6.68 | +6.08% | 10.88 | -34.86% |
| Diluted Normalized EPS | 3.09 | 2.91 | +6.19% | 4.77 | -35.22% |
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