Navin Fluorine International Limited CC-Dec24.pdf · 2025-01-30
Congratulations for a good set of number. Just on the Specialty Chemicals side. So if you talk about first half, we reported close to around 30% kind of decline and in third quarter, we replaced close to 26% basis of the revenue growth. And at the same time, we commissioned the Project Nectar also in November. So it's safe to assume even ex Project Nectar, our Specialty Chemicals grew in double digit, you can say? Anish Ganatra Yes, yes, absolutely. I mean the Nectar Project only started dispatches on 9th of December. So its contribution to this quarter is not really that material.
Understood. So from where growth is coming because suddenly, growth has pi cked up drastically compared to first half? Anish Ganatra I think again, see over here, Jignesh, as we've always said before, we had started to work on this strategy. Nitin and the team had sort of picked this up and make sure that we connected with the customers, driving the value proposition with them bringing the orders and also participating in the future growth of the innovator. So that strategy is in play, and that's what you are seeing for us. Now if you sort of -- again, if you look at our operatio ns that in the business itself. The driver for this, when a customer comes and gives you higher volume, they're always looking for your team and their capability to drive efficiencies and process improvements and we have been successful in demonstrating that we then start giving us a view of the order book in the coming year.