Savita Oil Technologies Limited , a leading player in the petroleum products sector, has reported robust financial performance for the latest quarter. The company's financial results reveal significant growth in key financial metrics.

Financial Highlights

• EBITDA margins improved to 8.3% from 6.6%
• The company recorded double-digit volume growth in domestic business
• Steady growth was observed across Transformer Oil and Lubricant Divisions

Business Performance

• This marks the second consecutive quarter of surpassing Rs. 1,000 crores in quarterly income
• New product launches included:
  • Fluids for transformers
  • Electric vehicle fluids
  • Battery energy storage systems in the Ester range
• The Savsol Ester5 automotive lubricants range, launched previously, has gained customer traction and is growing at 6 times the industry growth rate
• Immersion cooling fluids for electric vehicle applications are gaining customer traction with steadily ramping volumes

Segment Performance

Savita Oil Technologies operates in two primary segments:

1. Petroleum Products: Continues to be the major revenue generator
2. Wind Power: Contributes to the company's revenue

Management Commentary

Chairman and Managing Director Gautam N. Mehra highlighted the robust performance of the company.

Conclusion

The strong quarterly results position Savita Oil Technologies well for the remainder of the fiscal year. The improved financial performance suggests effective cost management and operational strategies implemented by the company.

Note: All figures are based on the company's latest financial results as per their regulatory filings.

Savita Oil Technologies Ltd. has released its fourth-quarter financial results, showcasing improved performance across key metrics and announcing a dividend for shareholders.

Revenue and Profitability Surge

The company reported a notable increase in its Q4 revenue, which rose to ₹10.06 billion from ₹9.70 billion in the same period last year. This represents a year-over-year growth of approximately 3.71%, indicating a solid expansion in the company's top line.

Profitability saw a significant boost, with EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) climbing to ₹482.90 million, up from ₹320.00 million in the previous year. This substantial increase of 50.91% in EBITDA reflects improved operational efficiency and cost management.

The EBITDA margin, a key indicator of operational profitability, expanded to 4.80% from 3.29% year-over-year, demonstrating the company's ability to enhance its profit-generating capacity relative to revenue.

Net Profit Improvement

Savita Oil Technologies' bottom line also showed positive momentum. The net profit for Q4 increased to ₹345.30 million, up from ₹327.00 million in the same quarter of the previous year, marking a 5.60% year-over-year growth. Notably, the sequential growth was even more impressive, with net profit more than doubling from ₹151.30 million in the previous quarter.

Dividend Announcement

In a move that will likely please shareholders, the company's board has recommended a final dividend of ₹4.00 per equity share. This dividend announcement comes as a tangible return to investors, reflecting the company's financial health and commitment to shareholder value.

Financial Performance Overview

To better illustrate Savita Oil Technologies' Q4 performance, here's a summary of the key financial metrics:

The company's robust performance in Q4, characterized by growth in revenue, significant improvement in EBITDA, and increased profitability, suggests a positive trajectory for Savita Oil Technologies. The dividend recommendation further underscores the company's financial stability and its focus on delivering value to shareholders.