Quarterly Result16 Jul 2026, 01:33 pm
Onward Technologies Q1 FY27 Revenue ₹151.2 Cr, Up 11.5% YoY
AI Summary
Onward Technologies Limited announced its financial results for the first quarter ending June 30, 2026. The company reported a record total revenue of ₹151.2 Crore, marking an 11.5% year-over-year (YoY) increase and an 8.7% sequential growth (QoQ). EBITDA grew 7.2% YoY and 20% QoQ to ₹18.4 Crore, with EBITDA margins expanding to 12.3%. Profit After Tax (PAT) stood at ₹11.2 Crore, a 16.9% increase QoQ, and diluted EPS was ₹4.98. Key business highlights include winning a ₹33 Crore contract for an Offshore Development Center and the successful completion of its Q1 FY27 share buyback program. The number of clients billing over US$1 million increased to 18.
Key Highlights
- Total revenue reached ₹151.2 Cr, up 11.5% YoY and 8.7% QoQ.
- EBITDA grew to ₹18.4 Cr (up 7.2% YoY, 20% QoQ) with margins at 12.3%.
- PAT was ₹11.2 Cr, and diluted EPS was ₹4.98.
- Secured a ₹33 Cr contract for an Offshore Development Center.
- Completed Q1 FY27 share buyback program.
Price Impact
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