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Savita Oil Technologies standalone net profit rises 58.18% in the March 2016 quarter

Capital Market

Sales decline 10.88% to Rs 370.33 crore

Net profit of Savita Oil Technologies rose 58.18% to Rs 9.38 crore in the quarter ended March 2016 as against Rs 5.93 crore during the previous quarter ended March 2015. Sales declined 10.88% to Rs 370.33 crore in the quarter ended March 2016 as against Rs 415.53 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 34.32 crore in the year ended March 2016 as against net loss of Rs 1.27 crore during the previous year ended March 2015. Sales declined 18.56% to Rs 1489.69 crore in the year ended March 2016 as against Rs 1829.08 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales370.33415.53 -11 1489.691829.08 -19 OPM %4.323.05 -6.003.37 - PBDT15.3516.08 -5 71.6629.90 140 PBT7.326.59 11 41.38-4.18 LP NP9.385.93 58 34.32-1.27 LP

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First Published: Jun 01 2016 | 2:56 PM IST

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