Onward Technologies reports 2- fold jump in Q3 consolidated net profit


Onward Technologies has reported results for third quarter ended December 31, 2021.

The company has reported a fall of 21.18% in its net profit at Rs 2.94 crore for the quarter under review as compared to Rs 3.73 crore for the same quarter in the previous year. However, total income of the company increased by 35.05% at Rs 60.34 crore for Q3FY22 as compared Rs 44.68 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2- fold jump in its net profit at Rs 4.98 crore for the quarter under review as compared to Rs 2.35 crore for the same quarter in the previous year. Total income of the company increased by 29.27% at Rs 77.55 crore for Q3FY22 as compared Rs 59.99 crore for the corresponding quarter previous year.



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