ΔE 37.4, loose: different enough that you should pick on purpose. Ink Magenta is noticeably darker, much more muted, cooler than Naphthol Red Medium.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 37). Ink Magenta is noticeably darker, much more muted, cooler than Naphthol Red Medium.
The same difference applies the other way round: Naphthol Red Medium is noticeably lighter, much more saturated, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Naphthol Red Medium on the colour wheel See Ink Magenta on the colour wheel
All matches: Naphthol Red Medium equivalents · Ink Magenta equivalents