Onward Technologies Reports Q4 Profit Of ₹95.5 Million, Declares Dividend

The results highlight Onward Technologies’ steady growth in engineering and digital transformation services, supported by strong demand across global markets.  

Financial Performance  

Revenue of ₹1.37 billion reflects consistent demand for Onward’s engineering design and IT solutions. Net profit of ₹95.5 million underscores operational efficiency and resilience in a competitive technology services landscape.  

Leadership Continuity  

The board has re-appointed Harish Mehta as Executive Chairman for five years and Jigar Mehta as Managing Director for five years effective May 14, 2026. This leadership stability is expected to drive strategic expansion and strengthen client relationships.  

Dividend Declaration  

The recommendation of an ₹8 per share dividend highlights the company’s commitment to shareholder value creation. The move reflects confidence in Onward’s earnings trajectory and long-term growth strategy.  

Quarterly Highlights  

• Revenue from operations at ₹1.37 billion  
• Net profit after tax at ₹95.5 million  
• Dividend of ₹8 per share recommended  
• Harish Mehta re-appointed as Executive Chairman  
• Jigar Mehta re-appointed as Managing Director  

Sources: Reuters, Economic Times, Business Standard, Mint