India’s Navin Fluorine Reports Rs 751.6 Million Net Profit for Q4 FY22

Navin Fluorine International Ltd., a chemicals manufacturer based in India has reported financial results for the period ended March 31, 2022.

Q4 Results

The company’s net profit grew by 2.6% to Rs 751.6 million for the period ended March 31, 2022 as against Rs 732.2 million for the period ended March 31, 2021.

Net sales increased by 17.5% to Rs 4.21 billion during the period ended March 31, 2022 as compared to Rs 3.58 billion during the period ended March 31, 2021.

Full-Year Results

The company’s net profit increased by 6.5% to Rs 2.63 billion for the full-year period ended March 31, 2022 as against Rs 2.47 billion for the full-year period ended March 31, 2021.

The company has reported net sales of Rs 14.92 billion during the full-year period ended March 31, 2022, an increase of 18.6% as compared to Rs 12.58 billion during the full-year period ended March 31, 2021.

The company has reported EPS of Rs 53.08 for the full-year period ended March 31, 2022 as compared to Rs 51.96 for the full-year period ended March 31, 2021.

Navin Fluorine International Ltd is mainly engaged in the business of manufacture and selling of anhydrous hydrofluoric acid (AHF), R-22 and boron trifluoride and other inorganic fluorides.