Navin Fluorine International Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2018
January 23, 2019 at 05:43 am EST
Share
Navin Fluorine International Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2018. For the quarter, the company reported total revenue of INR 2,363.820 million against INR 2,444.356 million a year ago. Profit after tax was INR 387.781 million against INR 476.922 million a year ago. Basic EPS was INR 7.84 against INR 9.67 a year ago.
For the nine months, the company reported total revenue of INR 7,326.751 million against INR 7,481.494 million a year ago. Profit after tax was INR 1,125.702 million against INR 1,396.797 million a year ago. Basic EPS was INR 22.79 against INR 28.38 a year ago.
Navin Fluorine International Limited is an India-based company that is primarily focused on fluorine chemistry, which produces refrigeration gases, inorganic fluorides, specialty organofluorines. The Company operates through the Chemical Business segment. It has two geographical segments based upon the location of its customers, which include within India and outside India. It is the manufacturer of specialty fluorochemicals, which comprises synthetic cryolite, fluorocarbon gases, and hydrofluoric acid and other fluorine chemicals. It offers contract research and manufacturing services. The Company has anhydrous hydrofluoric and diluted hydrofluoric acid manufacturing capacities in India with a multi-product portfolio. It serves industries, including stainless steel, glass, oil and gas, abrasives, electronic products, and life and crop science, among others. The Companyâs manufacturing facilities are located at Surat in Gujarat and Dewas in Madhya Pradesh.
NAVIN FLUORINE INTERNATIONAL LIMITED 
