Onward Technologies Limited — Updates, 16-05-2025: Press Release
16-05-2025 | 01:28 pm
16-05-2025 | 01:28 pm
Onward Technologies has announced a board meeting to approve the financial results for the quarter and half-year. Q4FY25 revenue rose 7.5% YoY to ₹127.3 Cr, with EBITDA margin improving to 10.9% on better operating leverage and cost control. FY25 revenue grew 4% to ₹491.3 Cr, but EBITDA margin and PAT declined due to margin pressures. Industrial Equipment & Heavy Machinery and Transportation & Mobility continue to drive 95% of revenues. Client concentration remains high, with the top 25 clients accounting for 84% of business. Attrition is at 17.3% with 2,581 employees.
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