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Last Updated : May 05, 2020 10:45 AM IST | Source: Moneycontrol.com

Navin Fluorine Q4 PAT may dip 14.7% YoY to Rs. 35 cr: HDFC Securities

Net Sales are expected to increase by 6.5 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 268 crore, according to HDFC Securities.

 
 
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HDFC Securities has come out with its second quarter (January-March’ 20) earnings estimates for the Chemical sector. The brokerage house expects Navin Fluorine to report net profit at Rs. 35 crore down 14.7% year-on-year (up 9.9% quarter-on-quarter).

Net Sales are expected to increase by 6.5 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 268 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 13.1 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 57 crore.

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First Published on May 5, 2020 10:45 am
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