Frontline Corporation reports standalone net profit of Rs 1.00 crore in the March 2021 quarter

Sales rise 77.75% to Rs 18.93 crore

Net profit of Frontline Corporation reported to Rs 1.00 crore in the quarter ended March 2021 as against net loss of Rs 0.24 crore during the previous quarter ended March 2020. Sales rose 77.75% to Rs 18.93 crore in the quarter ended March 2021 as against Rs 10.65 crore during the previous quarter ended March 2020.

For the full year,net profit reported to Rs 1.15 crore in the year ended March 2021 as against net loss of Rs 0.99 crore during the previous year ended March 2020. Sales rose 20.90% to Rs 58.60 crore in the year ended March 2021 as against Rs 48.47 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales18.9310.65 78 58.6048.47 21 OPM %4.23-2.07 -1.01-3.69 - PBDT1.670.19 779 3.320.77 331 PBT1.17-0.32 LP 1.31-1.17 LP NP1.00-0.24 LP 1.15-0.99 LP

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