UpdatesCompany Update
Frontier Springs Limited announced strong financial results for the first quarter, with revenue at ₹75.34 Cr, up 48.45% year-on-year.
Frontier Springs Ltd522195 · Filed with the exchange
EBITDA surged to ₹20.42 Cr, a 109.45% rise, and Profit After Tax reached ₹14.74 Cr, up 111.15%. The company reports robust demand across key product categories and softer raw material prices boosting margins.
Operational highlights include the ramp-up of their 6-tonne hammer facility, securing Indian Railways orders, and engaging with other industries for forgings.
With a planned capital expenditure of ₹15 Cr for FY26 on schedule, Frontier Springs targets ₹375 Cr gross revenues for FY26 and ₹500 Cr for FY27, capitalizing on railway modernization initiatives.
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