On a consolidated basis, Navin Fluorine International net profit dropped 72.9% to Rs 73.22 crore on 21.6% rise in net sales to Rs 336.43 crore in Q4 March 2021 over Q4 March 2020.
On a consolidated basis, profit before tax (PBT) soared 76.1% to Rs 110.71 crore in Q4 FY21 from Rs 62.88 crore in Q4 FY20.
The company's consolidated net profit slumped 36.97% to Rs 257.52 crore on 11.10% surge in net sales to Rs 1,179.39 crore in the year ended March 2021 (FY21) over FY20. The board has recommended final dividend of Rs 6 per share.
Meanwhile, the board has also approved the re-appointment of Vishad P. Mafatlal, as executive chairman, designated as chairman of Navin Fluorine International, for a further term of five years from 20 August 2021.
Shares of Navin Fluorine International lost 7% to Rs 3,370.50 on Friday. The stock traded hit an intraday low of Rs 3,375.95 and intraday high of Rs 3,659 yesterday.
Navin Fluorine International is one of the manufacturers of speciality fluorochemicals.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app