Navin Fluorine International surges on reporting marginal rise in Q4 consolidated net profit
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Navin Fluorine International is currently trading at Rs. 3803.70, up by 47.15 points or 1.26% from its previous closing of Rs. 3756.55 on the BSE.
The scrip opened at Rs. 3700.05 and has touched a high and low of Rs. 3860.00 and Rs. 3593.75 respectively. So far 11183 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4339.00 on 28-Dec-2021 and a 52 week low of Rs. 3125.00 on 14-May-2021.
Last one week high and low of the scrip stood at Rs. 3967.50 and Rs. 3593.75 respectively. The current market cap of the company is Rs. 18631.24 crore.
The promoters holding in the company stood at 29.70%, while Institutions and Non-Institutions held 41.78% and 28.51% respectively.
Navin Fluorine International has reported a fall of 35.25% in its net profit at Rs 78.76 crore for the quarter ended March 31, 2022 as compared to Rs 121.63 crore for the same quarter in the previous year. However, total income of the company increased by 20% at Rs 412.49 crore for Q4FY22 as compared Rs 343.75 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a marginal rise of 2.65% in its net profit at Rs 75.16 crore for the quarter ended March 31, 2022 as compared to Rs 73.22 crore for the same quarter in the previous year. Total income of the company increased by 17.55% at Rs 421.34 crore for Q4FY22 as compared Rs 358.43 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a fall of 10.96% in its net profit at Rs 266.43 crore as compared to Rs 299.21 crore for the previous year. However, total income of the company increased by 19.33% at Rs 1,441.08 crore for year under review as compared to Rs 1,207.64 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a rise of 6.48% in its net profit at Rs 263.07 crore as compared to Rs 247.05 crore for the previous year. Total income of the company increased by 18.61% at Rs 1,492.58 crore for year under review as compared to Rs 1,258.43 crore for year ended March 31, 2021.
