Hot Pursuit     27-Jan-21
Navin Fluorine Q3 PAT rises 29% YoY to Rs 58 cr
Navin Fluorine International posted a 29.7% rise in consolidated net profit to Rs 58.89 crore on a 18.7% rise in net sales to Rs 309.1 crore in Q3 FY21 over Q3 FY20.
The chemical maker registered a 17.4% rise in profit before tax to Rs 79 crore in Q3 FY21 from Rs 67.29 crore in Q3 FY20. Current tax expense spiked by 19.7% to Rs 24.33 crore in Q3 FY21 over Q3 FY20.

Consolidated operating EBITDA jumped 23% YoY to Rs 80.5 crore in Q3 FY21 from Rs 65.5 crore in Q3 FY20. EBITDA margin improved by 90 basis points to 26% in Q3 FY21 from 25.1% in Q3 FY20.

Shares of Navin Fluorine were down 0.25% at Rs 2562. Navin Fluorine International is one of the largest manufacturer of fluorochemicals in India. The company has four strategic business units: Refrigeration Gases, Inorganic Fluorides, Speciality Fluorides & Contract Research and Manufacturing Services (CRAMS).

Previous News
  Navin Fluorine International to invest Rs 250 cr in Navin Fluorine Advanced Sciences
 ( Corporate News - 14-Mar-24   18:56 )
  Indices drift lower in early trade; Nifty below 16,950
 ( Market Commentary - Mid-Session 20-Mar-23   09:35 )
  Navin Fluorine hits 52-week low after Q3 PAT slides 27% to Rs 78 cr
 ( Hot Pursuit - 07-Feb-24   14:29 )
  Board of Navin Fluorine International appoints Nitin Kulkarni as MD
 ( Corporate News - 03-Jun-24   15:42 )
  Volumes jump at Navin Fluorine International Limited counter
 ( Hot Pursuit - 13-Apr-22   11:06 )
  Navin Fluorine International standalone net profit rises 35.60% in the September 2019 quarter
 ( Results - Announcements 24-Oct-19   09:45 )
  Volumes jump at Navin Fluorine International Limited counter
 ( Hot Pursuit - 13-Apr-22   11:00 )
  Navin Fluorine International appoints CFO
 ( Corporate News - 07-Feb-23   17:07 )
  Navin Fluorine International consolidated net profit rises 27.05% in the September 2019 quarter
 ( Results - Announcements 24-Oct-19   09:24 )
  Navin Fluorine International to convene board meeting
 ( Corporate News - 17-Jul-23   16:22 )
  Navin Fluorine International's subsidiary plans Rs 450 cr capex for new capacity
 ( Corporate News - 17-Mar-23   19:53 )
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