Frontier Springs Ltd Q1 FY2024 net profit higher at Rs. 2.52 crore

FRONTIER SPRINGS LTD. has reported Standalone financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 25.5416 crores during the period ended June 30, 2023 as compared to Rs. 29.3584 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 2.5230 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 2.1072 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 6.41 for the period ended June 30, 2023 as compared to Rs. 5.35 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 25.5416 crs	₹29.3584 crs	-13.00%
Net Profit	₹2.5230 crs	₹2.1072 crs	19.73%
EPS	₹6.41	₹5.35	19.81%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 25.5416 crores during the period ended June 30, 2023 as compared to Rs.23.8140 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.2.5230 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.1.5622 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.6.41 for the period ended June 30, 2023 as compared to Rs.3.97 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 25.5416 crs	₹23.8140 crs	7.25%
Net Profit	₹2.5230 crs	₹1.5622 crs	61.50%
EPS	₹6.41	₹3.97	61.46%

Shares of FRONTIER SPRINGS LTD. was last trading in BSE at Rs. 669.80 as compared to the previous close of Rs. 684.05. The total number of shares traded during the day was 4081 in over 137 trades.

The stock hit an intraday high of Rs. 699.00 and intraday low of 664.90. The net turnover during the day was Rs. 2760571.00.

Source : Equity Bulls

Keywords

FrontierSprings Q1FY24 ResultUpdate