Navin Fluorine International Ltd., an Indian organo-fluorine chemicals manufacturer announced its results for the third quarter ended December 31, 2020.
Q3 Results- QoQ
The company’s net profit fell 12.4% to Rs 56.44 crores for the period ended December 31, 2020 as against net profit of Rs 64.42 crores for the previous quarter.
Net sales dropped 2.9% to Rs 319 crores during the period ended December 31, 2020 as compared to Rs 328.57 crores during the previous quarter.
Q3 Results- YoY
The company’s net profit grew by 25.1% to Rs 56.44 crores for the period ended December 31, 2020 as against net profit of Rs 45.13 crores for the prior-year quarter.
Net sales increased 17.24% to Rs 319 crores during the period ended December 30, 2020 as compared to Rs 272.10 crores during the prior-year quarter.