Onward Technologies' Q2 FY 2026-27 Quarterly Results
- 2d ago
Result Summary
- Onward Technologies Ltd reported a 13.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 22.2%.
- Its expenses for the quarter were up by 9.3% QoQ and 20.0% YoY.
- The net profit increased 50.1% QoQ and increased 40.5% YoY.
- The earnings per share (EPS) of Onward Technologies Ltd stood at 7.61 during Q2 FY 2026-27.
Financial Statments for Q2 FY 2026-27
(₹ crores) | Q2FY27 | Q1FY27 | Q2FY26 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 171.22 | 151.16 | 140.10 | 13.3% | 22.2% |
Total Expenses | 149.09 | 136.38 | 124.27 | 9.3% | 20.0% |
Profit Before Tax | 22.12 | 14.78 | 15.83 | 49.7% | 39.7% |
Tax | 5.35 | 3.61 | 3.89 | 48.2% | 37.5% |
Profit After Tax | 16.77 | 11.17 | 11.94 | 50.1% | 40.5% |
Earnings Per Share | 7.61 | 4.98 | 5.23 | 52.8% | 45.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Onward Technologies Ltd is a prominent player in the technology sector, primarily focusing on providing engineering design services, IT services, and digital transformation solutions. The company is known for offering comprehensive solutions that cater to industries such as automotive, aerospace, industrial equipment, and healthcare. As of the latest data available up to October 2023, Onward Technologies has been actively engaged in enhancing their service offerings through technological advancements and strategic partnerships. However, specific details regarding recent major developments in the company are not available in the provided data.
Revenue
During the second quarter of the fiscal year 2027 (Q2FY27), Onward Technologies Ltd reported a total income of ₹171.22 crore. This represents a sequential growth of 13.3% compared to the first quarter of FY27, where the total income stood at ₹151.16 crore. On a year-over-year basis, the company experienced a 22.2% increase in total income compared to Q2FY26, when the income was ₹140.10 crore. This growth in revenue suggests an upward trajectory in the company's earnings over both the quarterly and annual periods provided.
Profitability
In terms of profitability, Onward Technologies Ltd reported a Profit Before Tax (PBT) of ₹22.12 crore in Q2FY27. This marks a significant quarter-over-quarter increase of 49.7% from ₹14.78 crore in Q1FY27. Compared to the same quarter in the previous year (Q2FY26), the PBT showed a year-over-year growth of 39.7%. The company's Profit After Tax (PAT) for Q2FY27 was ₹16.77 crore, a 50.1% increase from the previous quarter's ₹11.17 crore and a 40.5% increase from ₹11.94 crore in Q2FY26. Furthermore, the Earnings Per Share (EPS) for Q2FY27 was ₹7.61, reflecting a 52.8% increase from Q1FY27 and a 45.5% rise from Q2FY26.
Operating Metrics
The total expenses for Onward Technologies Ltd in Q2FY27 were ₹149.09 crore, up by 9.3% from ₹136.38 crore in Q1FY27. Compared to the same quarter last year, expenses rose by 20.0% from ₹124.27 crore in Q2FY26. This increase in expenses coincides with the rise in total income, suggesting an expansion in operational activities. The tax outlay for the quarter was ₹5.35 crore, which represents a 48.2% increase quarter-over-quarter and a 37.5% rise year-over-year. These financial metrics provide a comprehensive view of the company's operational status over the specified periods, reflecting both income and expense dynamics.
FAQs
Onward Technologies Ltd announced its Q2 FY 2026-27 results on 3 November, 2026.
Onward Technologies Ltd quarterly results refer to the company’s financial performance over a three-month period, including key metrics like revenue, net profit, earnings per share (EPS), and margin performance.
Key highlights of Onward Technologies Ltd Q2 FY 2026-27 results include:
- Revenue: ₹171.22 crore
- Net Profit: ₹16.77 crore
- EBITDA: ₹27.58 crore
- Year-over-Year Growth: 22.2%
- Quarter-over-Quarter Growth: 13.3%
Onward Technologies Ltd reported a net profit of ₹16.77 crore in Q2 FY 2026-27, reflecting a 40.5% year-over-year growth.
Onward Technologies Ltd posted a revenue of ₹171.22 crore in Q2 FY 2026-27.