Savita Oil Technologies Share Price Jumps 17%; Here’s Why
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Savita Oil Technologies reported robust Q1 FY27 earnings, with revenue rising 49.6 per cent YoY and profit after tax surging nearly fourfold, supported by strong operating performance across its petroleum products business
✨ Key Takeaways
On Thursday, Indian equity benchmark indices traded marginally higher, with the benchmark Nifty 50 index rising 10.20 points, or 0.04 per cent, to 24,634.85. Amid the broader market gains, Savita Oil Technologies share price jumped 17.18 per cent to Rs 795.65 after the company reported a sharp improvement in its financial performance for the quarter ended June 30, 2026.
Savita Oil Technologies Q1 FY27 Financial Performance
Savita Oil Technologies reported revenue from operations of Rs 1,479.76 crore in Q1 FY27, up 49.6 per cent YoY from Rs 989.12 crore in the corresponding quarter last year. On a sequential basis, revenue increased 20.9 per cent from Rs 1,223.96 crore reported in Q4 FY26. Total income stood at Rs 1,516.34 crore, reflecting a 49.2 per cent YoY and 22.1 per cent QoQ increase.
Profit before tax (PBT) jumped to Rs 390.78 crore from Rs 75.30 crore in Q1 FY26, registering a 418.9 per cent YoY growth, while increasing 450.3 per cent QoQ from Rs 71.02 crore. Profit after tax (PAT) surged to Rs 292.25 crore, compared with Rs 58.97 crore in the year-ago quarter, translating into a 395.6 per cent YoY growth. On a sequential basis, PAT increased 480.6 per cent from Rs 50.34 crore reported in Q4 FY26. Earnings per share (EPS) rose to Rs 42.63 from Rs 8.60 in Q1 FY26.
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Download Service BrochureBusiness Segment Performance
The company's Petroleum Products segment remained the primary growth driver, generating segment revenue of Rs 1,482.45 crore, compared with Rs 982.71 crore in the corresponding quarter last year. Segment profit before tax and finance costs increased sharply to Rs 373.38 crore from Rs 60.16 crore a year ago. Meanwhile, the Wind Power segment reported revenue of Rs 9.73 crore and segment profit of Rs 5.85 crore during the quarter.
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Board Approves Joint Managing Director Appointment
Apart from approving the quarterly financial results, the Board also approved the appointment of Mr Siddharth G. Mehra as Joint Managing Director for a period of five years, effective October 1, 2026, subject to shareholders' approval at the upcoming Annual General Meeting. He currently serves as the company's Whole-time Director and succeeds upon completion of his existing term.
About Savita Oil Technologies
Savita Oil Technologies Ltd is one of India's leading manufacturers of transformer oils, white oils, lubricants and speciality petroleum products. The company caters to power, automotive, industrial and consumer sectors while also operating a renewable energy business through its wind power segment.
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Disclaimer: The article is for informational purposes only and not investment advice.