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Prabhudas Lilladher has come out with its fourth quarter (January - March’ 24) earnings estimates for the CHEMICALS sector. The brokerage house expects Navin Fluorine International to report net profit at Rs 13.4 crore down 90.2% year-on-year (down 48.3% quarter-on-quarter).
Net Sales are expected to decrease by 28.6 percent Y-o-Y to Rs 497.6 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 57 percent Y-o-Y (up 14.8 percent Q-o-Q) to Rs 86.8 crore.
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