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Savita Oil Technologies standalone net profit declines 66.50% in the March 2015 quarter

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Capital Market

Sales decline 24.08% to Rs 415.53 crore

Net profit of Savita Oil Technologies declined 66.50% to Rs 5.93 crore in the quarter ended March 2015 as against Rs 17.70 crore during the previous quarter ended March 2014. Sales declined 24.08% to Rs 415.53 crore in the quarter ended March 2015 as against Rs 547.36 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 1.27 crore in the year ended March 2015 as against net profit of Rs 89.74 crore during the previous year ended March 2014. Sales declined 11.13% to Rs 1829.08 crore in the year ended March 2015 as against Rs 2058.15 crore during the previous year ended March 2014.

 
ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales415.53547.36 -24 1829.082058.15 -11 OPM %3.054.34 -3.377.43 - PBDT16.0835.34 -54 29.90104.71 -71 PBT6.5927.28 -76 -4.1874.73 PL NP5.9317.70 -66 -1.2789.74 PL

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First Published: Jun 01 2015 | 8:38 AM IST

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