Navin Fluorine International Ltd. Reports Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2017
October 27, 2017 at 07:51 am EDT
Share
Navin Fluorine International Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2017. For the quarter, the company reported revenue from operations of INR 2,181.090 million compared to INR 1,912.372 million a year ago. Profit before tax was INR 631.354 million compared to INR 508.212 million a year ago. Profit after tax was INR 428.733 million or INR 8.70 per diluted share compared to INR 381.935 million or INR 7.74 per diluted share a year ago. EBITDA was INR 530 million against INR 410 million a year ago. Operating PBT was INR 420 million against INR 350 million a year ago.
For six months, the company reported total income of INR 4,561.853 million compared to INR 3,656.968 million a year ago. Profit before tax was INR 1,383.381 million compared to INR 1,056.250 million a year ago. Net profit after tax was INR 919.876 million or INR 18.66 per diluted share compared to INR 818.472 million or INR 16.58 per diluted share a year ago. EBITDA was INR 1,120 million against INR 810 million a year ago. Operating PBT was INR 910 million against INR 690 million 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 
