IT Consulting & Software company Onward Technologies announced Q2FY24 & H1FY24 results:
:
- Strong operational performance with pre-sales growth of 17.2% in Q2FY24 and 16.7% in H1FY24.
- Collections remained strong at approximately Rs 214 crore in Q2FY24 and Rs 502 crore in H1FY24.
- Net debt stands at a strong level of Rs 259 crore, with a net debt-to-equity ratio of 0.09x.
- The company has launched the Sunteck Sky Park project in Mira Road, which has witnessed rapid monetization within a short span of time.
- Sunteck is gearing up to launch projects in Kalyan and Nepean Sea Road.