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Frontier Springs - Quaterly Results

06 Nov 2023 Evaluate
The company witnessed a 22.36% growth in the revenue at Rs. 327.53 millions for the quarter ended September 2023 as compared to Rs. 267.68 millions during the year-ago period.Net profit surges 78.21% to Rs. 28.55  millions  from Rs. 16.02 millions in the quarter ended September 2023.Operating profit for the quarter ended September 2023 rose to 47.70 millions as compared to 29.89 millions of corresponding quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 327.53 267.68 22.36 582.47 504.40 15.48 1073.56 836.55 28.33
Other Income 0.55 1.43 -61.54 1.03 2.85 -63.86 6.36 9.76 -34.84
PBIDT 47.70 29.89 59.59 82.90 65.31 26.93 133.09 132.10 0.75
Interest 0.45 1.03 -56.31 1.00 1.76 -43.18 3.34 2.81 18.86
PBDT 47.25 28.86 63.72 81.90 63.55 28.87 129.75 129.29 0.36
Depreciation 8.96 7.34 22.07 17.72 14.65 20.96 32.02 28.53 12.23
PBT 38.29 21.52 77.93 64.18 48.90 31.25 97.73 100.76 -3.01
TAX 9.74 5.50 77.09 17.05 13.26 28.58 25.32 25.61 -1.13
Deferred Tax 0.48 0.29 65.52 1.62 1.45 11.72 1.97 0.32 515.63
PAT 28.55 16.02 78.21 47.13 35.64 32.24 72.41 75.15 -3.65
Equity 39.63 39.63 0.00 39.63 39.63 0.00 39.63 39.63 0.00
PBIDTM(%) 14.56 11.17 30.42 14.23 12.95 9.92 12.40 15.79 -21.49
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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