Onward Technologies achieves record Q1 revenue and secures ₹33-crore contract
For the first quarter of FY27, Onward Technologies announced its best-ever quarterly revenue of ₹151.2 crore, marking an 11.5% increase compared to the previous year and an 8.7% rise from the last quarter. The firm's EBITDA climbed to ₹18.4 crore, reflecting a 12.3% margin, and profit after tax reached ₹11.2 crore. Additionally, the company landed a new ₹33-crore deal, finalized its share buyback for Q1 FY27, and grew its list of clients contributing over $1 million in revenue from 16 to 18.