Savita Oil Technologies has reported results for first quarter ended June 30, 2017.
The company has reported a rise of 15.56% in its net profit at Rs 23.39 crore for the quarter under review as compared to Rs 20.24 crore for the same quarter in the previous year. Total income of the company increased by 21.21% at Rs 466.34 crore for Q1FY18 as compared Rs 384.75 crore for the corresponding quarter previous year.
The company has been pioneering petrolelum speciality products. It has been forefront of supplying vital inputs to industries as diverse as power, petrochemicals, telecommunications, Pharmaceuticals, Cosmetics, and Plastics etc.