Savita Oil Technologies Ltd Q3 FY2022-23 consolidated net profit declines to Rs. 28.69 crores

has reported Consolidated financial results for the period ended December 31, 2022.

Financial Results (Q3 FY2023) - QoQ Comparison

The company has reported total income of Rs. 919.9814 crores during the period ended December 31, 2022 as compared to Rs. 865.3541 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs. 28.6936 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs. 69.8019 crores for the period ended September 30, 2022.

The company has reported EPS of Rs. 4.15 for the period ended December 31, 2022 as compared to Rs. 10.10 for the period ended September 30, 2022.

Financials	Q3 FY2023	Q2 FY2023	% Change
Total Income	₹919.9814 crs	₹865.3541 crs	6.31%
Net Profit	₹28.6936 crs	₹69.8019 crs	-58.89%
EPS	₹4.15	₹10.10	-58.91%

Financial Results (Q3 FY2023) - YoY Comparison

The company has reported total income of Rs.919.9814 crores during the period ended December 31, 2022 as compared to Rs.767.2269 crores during the period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.28.6936 crores for the period ended December 31, 2022 as against net profit / (loss) of Rs.58.4618 crores for the period ended December 31, 2021.

The company has reported EPS of Rs.4.15 for the period ended December 31, 2022 as compared to Rs.8.22 for the period ended December 31, 2021.

Financials	Q3 FY2023	Q3 FY2022	% Change
Total Income	₹919.9814 crs	₹767.2269 crs	19.91%
Net Profit	₹28.6936 crs	₹58.4618 crs	-50.92%
EPS	₹4.15	₹8.22	-49.51%

Financial Results (9 Months Ended FY2023) - YoY Comparison

The company has reported total income of Rs.2674.8229 crores during the 9 Months period ended December 31, 2022 as compared to Rs.2110.0496 crores during the 9 Months period ended December 31, 2021.

The company has posted net profit / (loss) of Rs.189.2749 crores for the 9 Months period ended December 31, 2022 as against net profit / (loss) of Rs.197.4371 crores for the 9 Months period ended December 31, 2021.

The company has reported EPS of Rs.27.39 for the 9 Months period ended December 31, 2022 as compared to Rs.28.28 for the 9 Months period ended December 31, 2021.

Financials	9 Months Ended FY2023	9 Months Ended FY2022	% Change
Total Income	₹2674.8229 crs	₹2110.0496 crs	26.77%
Net Profit	₹189.2749 crs	₹197.4371 crs	-4.13%
EPS	₹27.39	₹28.28	-3.15%

Source : Equity Bulls

Keywords

SavitaOilTechnologies Q3FY23 9MFY23 ResultUpdate SOTL