Categories Earnings, Other Industries, Research Summary

Navin Fluorine Int. Q3FY23 Earnings Story

Navin Fluorine International Ltd mostly deals with the production of  inorganic fluorides, refrigeration gasses, specialty organofluorines, and also offers manufacturing services and contract research. The company’s portfolio is growing and already includes more than 50 fluorinated compounds that were developed over the years.

Financial Results:

In the period ended December 31, 2022, the company posted a total income of INR 573.50 crores. This is in comparison to INR 386.43 crores of total income reported in the period ended December 31, 2021.

Again, for the period ended December 31, 2022, the company reported net profit / (loss) of INR 106.56 crores. This was against a reported net profit / (loss) of INR 68.79 crores in the year-ago period.

The EPS of Navin Fluorine International Ltd in the period ended December 31, 2022, stood at INR 21.49 while it was reported to be INR 13.88 in the period ended December 31, 2021.

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