Savita Oil Technologies standalone net profit declines 38.27% in the March 2020 quarter

Sales decline 18.08% to Rs 445.20 crore

Net profit of Savita Oil Technologies declined 38.27% to Rs 20.60 crore in the quarter ended March 2020 as against Rs 33.37 crore during the previous quarter ended March 2019. Sales declined 18.08% to Rs 445.20 crore in the quarter ended March 2020 as against Rs 543.49 crore during the previous quarter ended March 2019.

For the full year,net profit declined 16.30% to Rs 95.64 crore in the year ended March 2020 as against Rs 114.27 crore during the previous year ended March 2019. Sales declined 9.65% to Rs 2029.11 crore in the year ended March 2020 as against Rs 2245.83 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales445.20543.49 -18 2029.112245.83 -10 OPM %6.009.44 -7.668.76 - PBDT24.9857.12 -56 146.97186.24 -21 PBT19.2951.02 -62 124.75162.71 -23 NP20.6033.37 -38 95.64114.27 -16

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