Frontline Corporation Ltd (532042)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Frontline's revenue was ₹28.3 Cr (-10.0% year on year, -14.2% on the previous quarter), and net profit ₹0.8 Cr (+38.7% year on year); the operating margin was 3.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹28.3 | -10.0% | -14.2% |
| Operating profit | ₹1.0 | +26.0% | +40.2% |
| Net profit | ₹0.8 | +38.7% | -4.7% |
| EPS (₹) | 1.59 | +39.5% | -4.2% |
| Operating margin | 3.5% | — | — |
📢 Recent Corporate Announcements
Frontline Corporation Limited held its 37th Annual General Meeting on September 22, 2026, through video conferencing. Shareholders approved the audited financial statements for the year ended March 31, 2026, alongside the re-appointment of directors Ram Prasad Agarwala and Saurabh Jhunjhunwala retiring by rotation. The scrutinizer confirmed that all ordinary resolutions passed with the requisite majority. Remote e-voting was open between September 19 and September 21, 2026.
- 37th Annual General Meeting concluded via video conferencing on September 22, 2026 (3:00 PM to 4:15 PM IST)
- Remote e-voting was conducted over 3 days from September 19, 2026 to September 21, 2026
- All 3 ordinary resolutions were passed with the requisite majority
- Adoption of financial statements for the fiscal year ended March 31, 2026 completed
Frontline Corporation Limited has released its 37th Annual Report for the financial year ended March 31, 2026, and convened its Annual General Meeting (AGM) for September 22, 2026. For FY26, the company reported annual revenue of ₹118.0 crore and net profit of ₹2.0 crore. Key balance sheet disclosures show total net trade receivables of ₹1,114.81 lakh (after an allowance for credit losses of ₹34.26 lakh) and trade payables of ₹806.40 lakh as of March 31, 2026. The ordinary business includes the re-appointment of directors Ram Prasad Agarwala and Saurabh Jhunjhunwala retiring by rotation.
- 37th Annual General Meeting scheduled for September 22, 2026 at 15:00 IST via VC/OAVM
- Cut-off date for entitlement of the FY26 Annual Report was August 21, 2026
- Net trade receivables stood at ₹1,114.81 lakh against gross receivables of ₹1,149.07 lakh (credit loss allowance of ₹34.26 lakh) as of March 31, 2026
- Total trade payables reported at ₹806.40 lakh as of March 31, 2026 (including ₹18.73 lakh to MSMEs and ₹787.67 lakh to others)
- No instances of fraud or political contributions (Rs. NIL) reported during FY 2025-26
Frontline Corporation reported a standalone net profit of ₹0.79 crore (₹79.08 lakhs) for the quarter ended June 30, 2026, representing a 37.9% YoY increase compared to ₹0.57 crore in June 2025. Total income fell 9.6% YoY and 14.7% QoQ to ₹29.12 crore, primarily led by lower turnover in the Petrol Pump segment. Profit before tax came in at ₹1.02 crore, supported by segment profits of ₹0.80 crore in Trading and ₹0.55 crore in Transportation. Diluted and Basic EPS for the quarter improved to ₹1.59 from ₹1.15 in the prior-year period.
- Net Profit grew 37.9% YoY to ₹0.79 crore (₹79.08 lakhs) vs ₹0.57 crore in Q1 FY26
- Total Income stood at ₹29.12 crore (₹2,911.73 lakhs), down 9.6% YoY from ₹32.22 crore
- Trading segment remained the top revenue contributor at ₹12.93 crore with PBIT of ₹0.80 crore
- Transportation revenue rose 12.1% YoY to ₹8.89 crore with PBIT of ₹0.55 crore
- Basic and Diluted EPS for the quarter reached ₹1.59 against ₹1.15 in the corresponding prior quarter
Frontline Corporation reported standalone net profit of ₹0.79 crore (79.08 lakhs) for the quarter ended June 30, 2026, marking a 37.9% YoY rise from ₹0.57 crore in Q1 FY26. Total income declined 9.6% YoY to ₹29.12 crore (2,911.73 lakhs) compared to ₹32.22 crore in the corresponding quarter last year. Profit before tax expanded 37.3% YoY to ₹1.02 crore due to controlled operating and finance costs. Basic and diluted EPS improved to ₹1.59 from ₹1.15 in Q1 FY26.
- Q1 Net profit rose 37.9% YoY to ₹79.08 lakhs from ₹57.35 lakhs in Q1 FY26
- Total income stood at ₹2,911.73 lakhs, down 9.6% YoY from ₹3,221.99 lakhs
- Trading segment contributed ₹1,292.65 lakhs while Transportation contributed ₹888.98 lakhs to revenue
- Basic and diluted EPS grew to ₹1.59 compared to ₹1.15 in the year-ago period
Frontline Corporation Ltd has scheduled a board meeting on August 14, 2026, to consider and approve the un-audited standalone financial results for the quarter ended June 30, 2026. This follows a fiscal year (FY26) where the company achieved a revenue of ‡118 Cr but maintained thin operating margins of 2.3%. The company currently operates with a high debt-to-equity ratio of 3.06, making the upcoming quarterly performance critical for assessing its financial health. The trading window for insiders has been closed since July 1, 2026, in compliance with SEBI regulations.
- Board meeting scheduled for August 14, 2026, to approve Q1 results.
- Financial results cover the three-month period ended June 30, 2026.
- Trading window closed from July 1, 2026, until 48 hours after the results declaration.
- Company reported a TTM PAT of ‡2 Cr against a market cap of ‡17 Cr.
- Debt stands at ‡55 Cr, which is over 3x the company's net worth of ‡18 Cr.
Frontline Corporation Ltd has received an intimation from BSE regarding the freezing of its promoters' demat accounts. This penal action, communicated via email on July 16, 2026, follows non-compliance with the SEBI Master Circular dated January 30, 2026. The company is currently reviewing the matter to resolve the issue at the earliest. Such actions typically indicate lapses in adhering to listing obligations or failure to pay exchange-mandated penalties.
- BSE email notification received on July 16, 2026, regarding the freezing of accounts.
- Action taken under SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026.
- Penal action specifically targets the demat accounts of the company's promoters.
- Company is currently reviewing the communication as of the July 18, 2026 filing.
- Non-compliance falls under Chapter-VII(A) of the SEBI Master Circular regarding penal actions.
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