Onward Technologies' Q3 FY 2025-26 Quarterly Results
- 3d ago
Result Summary
- Onward Technologies Ltd reported a 2.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 9.3%.
- Its expenses for the quarter were down by 3.6% QoQ and up 3.2% YoY.
- The net profit decreased 15.4% QoQ and increased 67.2% YoY.
- The earnings per share (EPS) of Onward Technologies Ltd stood at 4.47 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 136.14 | 140.10 | 124.52 | -2.8% | 9.3% |
Total Expenses | 119.84 | 124.27 | 116.07 | -3.6% | 3.2% |
Profit Before Tax | 13.14 | 15.83 | 8.45 | -17.0% | 55.5% |
Tax | 3.04 | 3.89 | 2.41 | -21.9% | 26.1% |
Profit After Tax | 10.10 | 11.94 | 6.04 | -15.4% | 67.2% |
Earnings Per Share | 4.47 | 5.23 | 0.00 | -14.5% | - |
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 company that operates within the technology and engineering sector, providing a range of services that include digital transformation, engineering research and development, and information technology services. The company is known for its focus on offering solutions that aid in product lifecycle management, engineering design, and IT infrastructure management. Major developments for the company would typically involve expansion into new markets, partnerships, or advancements in technological solutions, although specific recent developments for this period are not provided.
Revenue
In the third quarter of fiscal year 2026 (Q3FY26), Onward Technologies Ltd reported a total income of ₹136.14 crores. This represents a decrease of 2.8% compared to the previous quarter (Q2FY26), where the total income was ₹140.10 crores. However, when comparing year-over-year (YoY) performance, the total income increased by 9.3% from ₹124.52 crores in Q3FY25. This growth indicates that despite the quarterly decline, the company has seen an overall increase in revenue over the past year.
Profitability
For Q3FY26, Onward Technologies Ltd reported a profit before tax of ₹13.14 crores, which is a 17.0% decrease from ₹15.83 crores in Q2FY26. However, compared to Q3FY25, where the profit before tax was ₹8.45 crores, there is a significant YoY increase of 55.5%. The tax expenses for Q3FY26 were ₹3.04 crores, reflecting a decrease of 21.9% QoQ and an increase of 26.1% YoY. Consequently, the profit after tax amounted to ₹10.10 crores, down 15.4% from the previous quarter, but up 67.2% from the same period last year. Earnings per share for Q3FY26 were reported as ₹4.47, down 14.5% from Q2FY26.
Operating Metrics
The financial metrics for Q3FY26 reveal a total expense of ₹119.84 crores, which is a reduction of 3.6% compared to the previous quarter (Q2FY26) but an increase of 3.2% YoY from ₹116.07 crores in Q3FY25. These figures suggest that while the company has managed to reduce its quarterly expenses, the annual expenses have grown. The company's ability to manage expenses while still increasing total income on a yearly basis is noteworthy. However, specific operational metrics such as the P/E ratio, debt-to-equity ratio, or current ratio are not provided in the data.