Onward Technologies Limited — Updates, 18-10-2024: Press Release

Onward Technologies reported Q2 FY25 revenue of ₹123 crore, up 4.6% quarter-over-quarter and 2.3% year-over-year. EBITDA declined to ₹7.9 crore, with an EBITDA margin of 6.4%. Profit After Tax (PAT) was ₹3.6 crore, down 49.3%. The company expanded its workforce by 133 employees, totaling 2,626. Key revenue contributions came from Industrial Equipment & Heavy Machinery (55%) and Transportation & Mobility (39%).