Onward Technologies Limited — Important, 16-05-2025: Updates
16-05-2025 | 01:17 pm
16-05-2025 | 01:17 pm
Onward Technologies has announced a board meeting on the financial results for the quarter and half-year. FY25 revenue rose 4% YoY to ₹491.3 Cr, with EBITDA at ₹44.7 Cr and margin slipping to 9.1% from 11.1%. Q4 revenue jumped 7.5% YoY to ₹127.3 Cr, EBITDA margin improved to 10.9%, and PAT surged 75.8% QoQ to ₹10.6 Cr. Strong growth in Industrial Equipment & Heavy Machinery and Transportation verticals, with 77% of revenue from ER&D, supported by a stable client base and 2,581 employees.
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