Onward Technologies Q2 FY27 consolidated revenue Rs 170.18 cr, PAT Rs 16.77 cr

What the numbers show

• Net margin was 9.85% of revenue, up 126 bps from 8.59%.

• Revenue rose 22.5% while total expenses rose 20.0%.

• Employee benefits accounted for Rs 20.46 cr of the Rs 24.83 cr rise in total expenses (82%).

• Employee benefits took 69.4% of revenue, against 70.3% a year earlier.

• Basis: Consolidated, unaudited statement of financial results for the quarter ended September 30, 2026 (Q2 FY27), as per the statement of unaudited consolidated financial results.

• Revenue from operations: Rs 170.18 cr vs Rs 138.97 cr in the quarter ended September 30, 2025.

• Other income: Rs 1.04 cr vs Rs 1.13 cr.

• Total income: Rs 171.22 cr vs Rs 140.10 cr.

• Employee benefits expense: Rs 118.14 cr vs Rs 97.68 cr.

• Finance costs: Rs 0.6936 cr vs Rs 0.9637 cr.

• Depreciation and amortisation expense: Rs 4.76 cr vs Rs 4.21 cr.

• Other expenses: Rs 25.50 cr vs Rs 21.42 cr.

• Total expenses: Rs 149.10 cr vs Rs 124.27 cr.

• Profit before exceptional items and tax: Rs 22.12 cr vs Rs 15.83 cr.

• Exceptional items: Rs - vs Rs -.

• Profit before tax: Rs 22.12 cr vs Rs 15.83 cr.

• Total tax expense: Rs 5.35 cr vs Rs 3.89 cr.

• Net profit for the period (PAT): Rs 16.77 cr vs Rs 11.94 cr.

• Total other comprehensive income/(loss), net of income tax: Rs 1.33 cr vs Rs 1.44 cr.

• Total comprehensive income: Rs 18.11 cr vs Rs 13.38 cr.

• Paid-up equity share capital: Rs 21.91 cr vs Rs 22.53 cr.

• Basic EPS (Rs, not annualised): Rs 7.65 vs Rs 5.26.

• Diluted EPS (Rs, not annualised): Rs 7.61 vs Rs 5.23.

For Q2 FY27, Onward Technologies reported consolidated revenue from operations of Rs 170.18 cr, higher than Rs 138.97 cr in the corresponding quarter of the previous year, as per the statement of unaudited consolidated financial results. Total income rose to Rs 171.22 cr from Rs 140.10 cr, while other income was Rs 1.04 cr compared with Rs 1.13 cr a year earlier.

On the cost side, employee benefits expense increased to Rs 118.14 cr from Rs 97.68 cr. Finance costs were Rs 0.6936 cr versus Rs 0.9637 cr, and depreciation and amortisation expense rose to Rs 4.76 cr from Rs 4.21 cr. Other expenses moved to Rs 25.50 cr from Rs 21.42 cr, taking total expenses to Rs 149.10 cr against Rs 124.27 cr in the year-ago quarter.

Profit before exceptional items and tax, which is the same as profit before tax for this quarter with no exceptional items reported, stood at Rs 22.12 cr compared with Rs 15.83 cr in the corresponding prior period. After a total tax expense of Rs 5.35 cr (vs Rs 3.89 cr), net profit for the period was Rs 16.77 cr, up from Rs 11.94 cr.

Total other comprehensive income, net of income tax, was Rs 1.33 cr versus Rs 1.44 cr, leading to total comprehensive income of Rs 18.11 cr compared with Rs 13.38 cr a year earlier. The paid-up equity share capital was Rs 21.91 cr, down from Rs 22.53 cr in the prior-year quarter, and basic earnings per share (not annualised) increased to Rs 7.65 from Rs 5.26, with diluted EPS at Rs 7.61 versus Rs 5.23.