Results - Announcements
Onward Technologies Ltd share price jumped 19.99% to Rs 427.6 after the company's net profit soared by 50.13% to Rs 16.77 crore, while revenue from operations edged up 13.89% to Rs 170.18 crore in Q3FY26 over Q2FY26.
The market capitalization of IT Enabled Services industry group stocks on BSE stood at Rs 2.65 lakh crore, slipping 5.45%. It has improved by 2.45% over last one week and moving up by 12.92% in last one month while the market capitalization of Onward Technologies Ltd has sharply increased by 39.24% and 50.08% in the same period respectively.
Profit before tax (PBT) of Onward Technologies Ltd stood at Rs 22.12 crore in Q3 FY26, surging by 39.73% year-on-year, and expanding by 49.66% quarter-on-quarter. EBITDA came in at Rs 26 crore, rallying 36.07% YoY and jumping 53.25% sequentially.
Total expenses saw a slight increase of 9.36% to Rs 148.4 crore in Q3FY26 over Q3FY25. During the quarter, employee benefits expense was at Rs 118.14 crore, improving by 8.13% YoY.
For the TTM ended FY26, revenue from operations improved 10.69% to Rs 543.85 crore, while net profit surged by 63.66% to Rs 44.32 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 3890% to Rs 64.81 crore, and PBT soared 57.16% to Rs 57.05 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 65.08 crore in FY26, as against Rs 31.52 crore in FY25.
Onward Technologies Ltd rallied 36.77% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 10.47% during the same period.