Savita Oil Technologies Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, net sales/income from operation was INR 3,696.931 million against INR 4,357.505 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 85.626 million against loss from operation before other income, finance cost and exceptional items of INR 84.993 million a year ago. Profit from ordinary activities before tax was INR 51.140 million against loss from ordinary activities before tax of INR 193.918 million a year ago. Net profit for the period after tax was INR 33.519 million or INR 2.30 per basic and diluted share against net loss for the period after tax of INR 143.329 million or INR 9.82 per basic and diluted share a year ago.


For the nine months, net sales/income from operation was INR 11,193.601 million against INR 14,135.426 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 504.211 million against INR 244.512 million a year ago. Profit from ordinary activities before tax was INR 340.613 million against loss from ordinary activities before tax of INR 107.677 million a year ago. Net profit for the period after tax was INR 349.385 million or INR 17.08 per basic and diluted share against net loss for the period after tax of INR 72.047 million or INR 4.93 per basic and diluted share a year ago.