Q2 FY27: revenue up 22%, PAT up 41% YoY on strong growth
ONWARDTEC · price
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Onward Technologies reported consolidated revenue of Rs 17,018 lakhs for Q2 FY27, up 22% from Rs 13,897 lakhs YoY. Net profit rose 41% to Rs 1,677 lakhs from Rs 1,194 lakhs. H1 revenue grew 17% to Rs 31,961 lakhs and H1 PAT grew 13% to Rs 2,794 lakhs. H1 EPS stood at Rs 12.63 versus Rs 10.87. North America grew fastest, contributing Rs 6,215 lakhs in Q2 versus Rs 4,505 lakhs YoY. Auditor B S R and Co issued an unmodified review report. Operating cash flow was Rs 1,845 lakhs. The company invested Rs 1,310 lakhs in subsidiary OT Park and completed a share buyback earlier in the year.
Strong double-digit revenue and profit growth with clean auditor report. Growth momentum and healthy cash flows are positive for shareholders.