Net profit of Frontier Leasing & Finance declined 50.00% to Rs 0.01 crore in the quarter ended March 2007 as against Rs 0.02 crore during the previous quarter ended March 2006. Sales declined 75.00% to Rs 0.01 crore in the quarter ended March 2007 as against Rs 0.04 crore during the previous quarter ended March 2006.