| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 123.39 | 0.3% |
| Total Income | 124.52 | 0.1% |
| Expenditure | 116.07 | 2.5% |
| PBT | 8.45 | 50.9% |
| Net Profit | 6.04 | 70.5% |
| OPM | 2.78% | |
| NPM | 4.85% | |
| EPS | 2.66 | 1562.5% |
Onward Technologies Reports Q3FY25 Revenue Growth of 8.2% YoY, EBITDA Margin at 9.1%
21 Jan 2025 · 21 Jan 2025, 07:34 pm
Summary
Onward Technologies Limited, a software outsourcing company, announced its financial results for Q3 and nine months of FY25 ended on 31 December 2024. The company reported a revenue growth of 8.2% YoY, with an EBITDA margin of 9.1%. The growth was driven by the company's core areas of ER&D and Digital business. The overall demand environment remains healthy, and the company is optimistic about the opportunities ahead.
Key Highlights
- 1
Q3FY25 revenue at ₹ 123.4 crore, up 8.2% YoY
- 2
EBITDA margin at 9.1%
- 3
14 clients now deliver more than $1 Million in revenues on annualized basis
- 4
Top 25 clients contribute 84% of total revenues
- 5
Total headcount stood at 2,579 employees
Management Comments
Jigar Mehta
Managing Director, Onward Technologies
In Q3FY25, we reported a revenue growth of 8.2% on YoY basis, despite being seasonally weak quarter and the impact of furloughs. Our EBITDA margin was at 9.1%, reflecting the effectiveness of our cost optimization initiatives and disciplined execution. We continue to see good momentum in our core areas of ER&D and Digital business, which are driving our growth. The overall demand environment remains healthy, and we are optimistic about the opportunities ahead. With our strategic focus and operational resilience, we are well poised to deliver sustainable growth and create long-term value.
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