Accel Frontline Limited = Q4 Q3 Q2 Q1 CONSOLIDATED RESULTS FY 2011 = STEADY IMPROVEMENT

Accel Frontline Limited

NSE Symbol AFL

ACCEL FRONTLINE LTD  has declared its consolidated and stand alone result for the 4^th q e March 2011. The consolidated Results are compared below with previous 3 Qtrs and the total of the 4 Qtrs.

Net Income from sales has increased steadily  to Rs.148.53 cr compared to Rs.91.46 in Q3; Rs.83.17 cr in Q2; Rs.71.27 in Q1 – totaling to Rs.394.43 cr for the 4 Qtrs.

Operating Profit is Rs.9.83 cr; Rs.4.71 cr; Rs.1.11 cr; Rs.2.36 cr – totaling to Rs.18.01 cr for  4 Qtrs.

Profit before tax is Rs.7.29 cr; Rs.3.33 cr; Rs.0.53 cr and Rs.1.55 cr, totaling to Rs.        12.70 Cr for 4 Qtrs.

Net Profit is Rs.6.11 cr; Rs.2.44 cr ;Rs.0.52 crl and Rs.1.07 cr; totaling to Rs.10.14 cr for 4 qtrs.

Basic EPS(in Rs.) is Rs.2.71; Rs.1.08; Rs.0.23; Rs.0.48 – totaling to Rs.4.5 for 4 qtrs on a face value of Rs.10.

Accel Frontline is steadily improving its performance every quarter. Its current MP is Rs.46. So, price earnings ratio comes to around 10.

RESULTS TABLE :

accel frontline	q4 03 11	q3 fy 11	Q2 FY 11	Q1 FY 11	TOTAL
Net Income from sales	14853	9146	8317	7127	39443
Increase in SIT /WIP	-60	-472	1085	-213	340
Traded goods	11480	7037	5098	5293	28908
Other Expenditure	1114	1131	1091	1093	4429
Gross Profit	2319	1450	1043	954	5766
General Admn Expe.	1052	812	760	557	3181
Selling and Distr. Exp.	131	19	29	16	195
Depreciation	153	148	143	145	589
Operating Profit	983	471	111	236	1801
Interest	254	160	157	98	669
Operating Profit	729	311	-46	138	1132
Other Income	-	22	99	17	138
Profit before tax	729	333	53	155	1270
Tax Expense	118	89	1	48	256
Net Profit	611	244	52	107	1014
Face Value (in Rs.)	10	10	10	10	10
Paid-up Equity	2250.9	2250.9	2250.9	2250.9	2250.9
Basic EPS(in Rs.)	2.71	1.08	0.23	0.48	4.5
Public holding (%)	28.4	28.4	28.29	28.29	28.29

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