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Savita Oil Technologies Limited has reported a total income of ₹933.2 crore for Q2 FY25, reflecting a year-on-year increase of 3.4%. However, EBITDA fell to ₹60.3 crore, down 18.3% from the previous year, resulting in an EBITDA margin of 6.5%. Profit before tax stood at ₹46.3 crore, a decline of 22.3% YoY, with a profit margin of 4.9%. The results were impacted by a reduction in crude oil prices and ongoing challenges in international markets due to heightened logistics costs, although a recovery is anticipated in future quarters.
On a positive note, the company's Transformer Fluids and Lubricant Division showed double-digit volume growth on a quarter-on-quarter basis. The launch of the SavsolEster5 brand is central to the company's strategy, with increased marketing expenses planned to enhance market penetration. In addition, the company successfully executed a buyback of 5,40,000 equity shares worth ₹36.34 crore, reducing its paid-up equity capital. Overall, the financial outlook remains cautiously optimistic, with expectations of gradual market recovery.