Navin Fluorine International reported a phenomenal rise in standalone net profit for the quarter ended September 2009. During the quarter, the profit of the company rose 73.50% to Rs 309.96 million from Rs 178.65 million in the same quarter previous year.
Net sales for the quarter for the quarter rose marginally 3.08% to Rs 1,144.05 million, while total income for the quarter rose marginally 4.01% to Rs 1,164.85 million, when compared with the prior year period.
It posted earnings of Rs 30.69 a share during the quarter, registering 73.49% growth over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 09 | Sep - 08 | %Change |
| Net Sales | 1,144.05 | 1,109.87 | 3.08 |
| Net Profit | 309.96 | 178.65 | 73.50 |
| Basic EPS | 30.69 | 17.69 | 73.49 |
Shares of the company gained Rs 22.65, or 8.31%, to trade at Rs 295.10. The total volume of shares traded was 115,701.00 at the BSE (1.32 p.m., Tuesday).
Result Analysis
Comments