Onward Technologies net up by 70%. - Views on News from Equitymaster

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Onward Technologies net up by 70%.

Apr 20, 2000

The company's increase in profits is on account of improved focus towards software solutions and services business.

(Rs m) 3QFY1999 3QFY2000 Change
Sales 116 142 22%
Other Income - - -
Expenditure 93 112 20%
Operating Profit (EBDIT) 23 30 30%
Operating Profit Margin (%) 19.8% 21.1%  
Interest 8 5 0%
Depreciation 5 8 60%
Profit before Tax 10 17 70%
Other Adjustments -    
Tax - - -
Profit after Tax/(Loss) 10 17 70%
Net profit margin (%) 8.6% 12.0%  
Earnings per share 3.13 4.25  

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