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Navin Fluorine International Ltd Q1FY24; 16% fall in Profits

Navin Fluorine International Ltd is primary engaged in producing refrigeration gases, inorganic fluorides, specialty organofluorines and offers contract research and manufacturing services. Its portfolio includes 50+ fluorinated compounds developed over the years.

Financial Results:

Navin Fluorine International Ltd reported Revenues for Q1FY24 of ₹491.00 Crores up from ₹398.00 Crore year on year, a rise of 23.37%.

Total Expenses for Q1FY24 of ₹417.00 Crores up from ₹310.00 Crores year on year, a rise of 34.52%.

Consolidated Net Profit of ₹62.00 Crores down 16.22% from ₹74.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹12.41, down 17.38% from ₹15.02 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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