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Frontier Springs - Quaterly Results

11 Feb 2023 Evaluate
A decent increase of about 37.99% in the sales to Rs. 277.64 millions was observed for the quarter ended December 2022. The sales figure stood at Rs. 201.20 millions during the year-ago period.The Net proft of the company remain more or less same to Rs. 15.05  millions from Rs. 16.60 millions ,decline by -9.34%.Operating profit for the quarter ended December 2022 decreased to 28.38 millions as compared to 28.61 millions of corresponding quarter ended December 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 277.64 201.20 37.99 782.04 614.97 27.17 836.55 769.65 8.69
Other Income 1.44 1.71 -15.79 4.29 8.04 -46.64 9.76 9.72 0.41
PBIDT 28.38 28.61 -0.80 93.69 97.73 -4.13 132.10 137.01 -3.58
Interest 0.84 0.48 75.00 2.60 2.24 16.07 2.81 4.95 -43.23
PBDT 27.54 28.13 -2.10 91.09 95.49 -4.61 129.29 132.06 -2.10
Depreciation 7.42 6.67 11.24 22.07 19.75 11.75 28.53 26.68 6.93
PBT 20.12 21.46 -6.24 69.02 75.74 -8.87 100.76 105.38 -4.38
TAX 5.07 4.86 4.32 18.32 19.60 -6.53 25.61 27.41 -6.57
Deferred Tax 0.86 0.25 244.00 2.31 1.14 102.63 0.50 1.40 -64.29
PAT 15.05 16.60 -9.34 50.70 56.14 -9.69 75.15 77.97 -3.62
Equity 39.63 39.63 0.00 39.63 39.63 0.00 39.63 39.63 0.00
PBIDTM(%) 10.22 14.22 -28.11 11.98 15.89 -24.61 15.79 17.80 -11.29
Peers
Company Name CMP
JSW Steel 1280.00
Tata Steel 187.70
Steel Authority 184.80
Jindal Stainless 747.90
APL Apollo Tubes 2206.00
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