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12-May-2024

Savita Oil Technologies

OP down 32%


'Consolidated net sales (including other operating income) of Savita Oil Technologies has increased 1.85% to Rs 973.31 crore.  Sales of Petroleum Products segment has gone up 2.81% to Rs 979.60 crore (accounting for 99.66% of total sales).  Sales of Wind Power segment has gone down 41.61% to Rs 3.35 crore (accounting for 0.34% of total sales).

Profit before interest, tax and other unallocable items (PBIT) has slumped 24.48% to Rs 42.40 crore.  PBIT of Petroleum Products segment fell 22.82% to Rs 42.81 crore (accounting for 100.96% of total PBIT).  PBIT of Wind Power reported loss of Rs 0.41 crore compared to profit of Rs 0.67 crore. 

PBIT margin of Petroleum Products segment fell from 5.82% to 4.37%.  PBIT margin of Wind Power segment fell from 11.75% to 12.16%.  Overall PBIT margin fell f...



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