Refineries & Petro-Products company Savita Oil Technologies announced Q2FY25 results Financial Highlights: Total Income: Rs 933.2 crore compared to Rs 902.4 crore during Q2FY24, change 3.4%. EBITDA: Rs 60.3 crore compared to Rs 73.9 crore during Q2FY24, change -18.3%. EBITDA Margin: 6.5% for Q2FY25. PBT: Rs 46.3 crore compared to Rs 59.6 crore during Q2FY24, change -22.3%. PBT margin: 4.9% for Q2FY25. Other Highlights: Double digit volume growth in domestic Transformer Fluids and Lubricant Division in Q2FY25 on QoQ basis. Focus remains on building the newly launched SavsolEster5 Brand and augmenting its distribution penetration, which will see increased marketing spends. Margins impacted by fall in crude oil prices. International Business continued to be adversely affected by ongoing logistic challenges with escalated freight rates and limited frequency on routes, improvement is expected in coming quarters on this front. During the quarter ended 30th September 2024, the Company did a Buy Back Issue and purchased 5,40,000 equity shares (face value of Rs 2 each) by utilising its General Reserve amounting to Rs.36.34 crore. Consequent to the buyback of shares, the Paid-up Equity Share Capital of the Company stands reduced by Rs.10.80 lakh to Rs.13.71 crore. Gautam N. Mehra, Chairman and Managing Director, said: “In the second quarter of FY25, the Company reported a total income of Rs.933 crore, reflecting 3.4% yearon-year growth. Despite a significant drop in crude prices and challenges in the international markets, the Company achieved a PBT of Rs 46.3 crore for the quarter. Overall sales volumes remained stable, backed by double-digit growth in the Transformer Oil and Lubricant Division on QoQ basis. Demand for White& Mineral Oils was in line with the muted performance of major FMCG players and the industry expects a gradual pickup in the coming quarters. DEF volumes showed healthy growth of 74% in current quarter on YoY basis. We remain steadfast in positioning Savsol Ester 5 as a leading technology platform for the automotive lubricant market, with continued investments in product development, brand-building, and a broader range of ester molecules for advanced applications. We are engaging and exploring new opportunities in the domestic and export market for ester-based transformer oil.” Result PDF