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Savita Oil Technologies Enters into Joint Venture with OQ Chemicals to Manufacture and Market Linear Alkylbenzene in India
The joint venture, named Savita OQ Chemicals India Private Limited, will combine the strengths of both companies to create a leading player in the Indian LAB market.
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Savita Oil Technologies Commissions New Linear Alkylbenzene Plant in Dahej, Gujarat
The new plant has a capacity of 100,000 metric tons per annum and will cater to the growing demand for LAB in India and neighboring countries.
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Savita Oil Technologies Reports Strong Financial Performance for Q3 FY23
The company reported a 25% increase in revenue and a 30% increase in net profit for the quarter ended December 31, 2022.
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Savita Oil Technologies revenue up 14% in Q3FY23
Savita Oil Technologies, a leading player in the edible oil and fats segment, reported a 14% year-on-year (YoY) growth in its revenue to Rs 8,412 crore for the third quarter ended December 2022 (Q3FY23).
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Savita Oil Technologies to invest Rs 1,000 crore in new plant
Savita Oil Technologies, a leading manufacturer of edible oils and fats, plans to invest Rs 1,000 crore in a new plant in Andhra Pradesh.
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Savita Oil Technologies Q2FY23 net profit rises 15%
Savita Oil Technologies, a leading player in the edible oil and fats segment, reported a 15% year-on-year (YoY) increase in its net profit to Rs 230 crore for the second quarter ended September 2022 (Q2FY23).
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Savita Oil Technologies Ltd. Declares Second Interim Dividend
The Board of Directors of Savita Oil Technologies Limited has declared a second interim dividend of Rs.1.00 per equity share of face value of Rs. 2 each for the financial year 2023-24.
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Savita Oil Technologies Ltd. Reports Jump in Profit for Q3 FY23
Savita Oil Technologies Limited has reported a sharp increase in its profit after tax (PAT) for the third quarter (Q3) of the financial year 2022-23 (FY23). The PAT for Q3 FY23 stood at Rs.82.36 crores, registering a growth of 37.5% compared to Rs.60.00 crores reported in the corresponding quarter of the previous financial year.
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Savita Oil Technologies Ltd. to Set Up New Edible Oil Refinery
Savita Oil Technologies Limited, one of the leading edible oil refining companies in India, has announced plans to set up a new state-of-the-art edible oil refinery at Haldia, West Bengal. The new refinery will have a capacity of 1,000 metric tonnes per day and is expected to be operational by the end of 2024.