Navin Fluorine International Ltd.'s net profit declined 17% in the first quarter of fiscal 2025, missing analysts' estimates.
The company's net profit dropped to Rs 51 crore in the April-June quarter, in comparison with Rs 62 crore in the year-ago period, according to its exchange filing issued on Tuesday. That compares with the Rs 59.47-crore consensus estimate of analysts tracked by Bloomberg.
Navin Fluorine Q1 FY25 Highlights (Consolidated, YoY)
Revenue up 6.6% to Rs 524 crore versus Rs 491 crore (Bloomberg estimate: Rs 569 crore).
Ebitda down 12.1% to Rs 100 crore versus Rs 114 crore (Bloomberg estimate: Rs 107 crore).
Margin at 19.2% versus 23.3% (Bloomberg estimate: 18.9%).
Net profit down 16.8% to Rs 51 crore versus Rs 62 crore (Bloomberg estimate: Rs 59.47 crore).