Navin Fluorine International Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 23, 2013
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Navin Fluorine International Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total income from operations of INR 1,249.209 million compared with INR 1,603.919 million for the same period last year. Profit from operations before other income and finance costs was INR 166.077 million compared with INR 468.497 million for the same period last year. Profit from ordinary activities before tax was INR 179.944 million compared with INR 498.105 million for the same period last year. Net Profit after taxes was INR 124.496 million or INR 12.75 basic and diluted per share compared with INR 337.919 million or INR 34.62 basic and diluted per share for the same period last year.
For the nine months, the company reported total income from operations of INR 4,196.849 million compared with INR 5,489.676 million for the same period last year. Profit from operations before other income and finance costs was INR 687.813 million compared with INR 2,178.884 million for the same period last year. Profit from ordinary activities before tax was INR 741.100 million compared with INR 2,259.144 million for the same period last year. Net Profit after taxes was INR 507.678 million or INR 52.01 basic and diluted per share compared with INR 1,528.323 million or INR 156.57 basic and diluted per share for the same period last year.
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 
