Navin Fluorine International Limited., a chemical manufacturer based in India announced its results for the first quarter ended June 30, 2022.
Q1 Results- QoQ
The company’s net profit declined 0.9% to Rs 744.5 million for the period ended June 30, 2022 as against net profit of Rs 751.5 million for the previous quarter.
Net sales dropped 3% to Rs 4.08 billion during the period ended June 30, 2022 as com-pared to Rs 4.21 billion during the previous quarter.
Q1 Results- YoY
The company reported 33.2% growth in net profit of Rs 744.5 million for the period ended June 30, 2022 as against net profit of Rs 559.1 million for the prior-year quarter.
Net sales increased 22% to Rs 4.08 billion during the period ended June 30, 2022 as com-pared to Rs 3.35 billion during the prior-year quarter.
Navin Fluorine International Limited is an Indian chemical company and is engaged in the manufacture and sale of specialty fluorochemicals that include refrigeration gases, inorganic bulk fluorides, specialty organofluorines.