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10-Aug-2024

Frontier Springs

Net jumps 275% on strong operating show


'Standalone net sales (including other operating income) of Frontier Springs for the quarter ended Jun 2024   has increased 99.10% to Rs 50.75 crore.  Sales of Coil spiring & Forging items segment has gone up 99.09% to Rs 50.75 crore (accounting for 100.00% of total sales).  

Profit before interest, tax and other unallocable items (PBIT) has jumped 147.42% to Rs 10.24 crore.  PBIT of Coil spiring & Forging items segment rose 147.42% to Rs 10.24 crore (accounting for 100.00% of total PBIT).  

PBIT margin of Coil spiring & Forging items segment rose from 16.24% to 20.18%.  Overall PBIT margin rose from 16.24% to 20.18%.  

Operating profit margin has jumped from 13.65% to 19.21%, leading to 180.17% rise in operating profit to Rs 9.75 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 50.42% to 51.98%.   Employee cost decreased from 3.79% t...



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