SAVITA OIL TECHNOLOGIES LIMITED

(Formerly known as ‘Savita Chemicals Limited’)

AUDITED FINANCIAL RESULTS  FOR THE YEAR ENDED 31st  MARCH, 2010

Rs. in Lacs

 

Nine Months ended 31.12.2009 (Reviewed)

Quarter ended 31.3.2010 (Reviewed)

Quarter Ended 31.3.2009 (Reviewed)

Year ended 31.3.2010 (Audited)

Year ended 31.3.2009 (Audited)

1.   a) Net Income From Operations

      b) Other Operating Income

2.   Total  Income From Operations

82,439.98

868.51

83,308.49

34,234.20

258.70

34,492.90

28,618.75

445.45

29,064.20

116,674.18

1,127.21

117,801.39

113,781.91

1,293.92

115,075.83

3.   Expenditure

a)  ( Increase ) / Decrease in Inventory

b)  Consumption of Raw Materials

c)  Trading Purchase

d)  Staff Cost                     

e)  Depreciation

f)  Other Expenditure

g)  Total

 

(921.95)

59,258.59

2,839.73

1,294.24

1,507.42

10,121.11

74,099.14

 

67.03

25,303.70

583.95

559.59

523.46

4,239.35

31,277.08

 

1,491.23

22,962.21

1,392.76

281.82

522.44

3,480.61

30,131.07

 

(854.92)

84,562.29

3,423.68

1,853.83

2030.88

14,360.46

105,376.22

 

(846.95)

96,945.71

2,912.09

1,275.43

1,894.07

10,811.73

112,992.08

4.   Profit from Operations before Other Income and Interest

9,209.35

3,215.82

(1,066.87)

12,425.17

2,083.75

5.   Other Income

557.62

334.19

264.32

891.81

1,003.58

6.   Profit before Interest

9,766.97

3,550.01

(802.55)

13,316.98

3,087.33

7.   Interest

359.65

107.73

137.97

467.38

486.94

8.   Profit from Ordinary Activites after interest but before tax

9,407.32

3,442.28

(940.52)

12,849.60

2,600.39

9. Tax Expenses

      Current Tax

      Deferred Tax

      Fringe Benefit Tax

      Provision no longer required

      Minimum alternate tax credit entitlement

 

3,150.00

35.00

-

-

-

 

590.00

445.00

-

(8.76)

-

 

(110.00)

85.00

19.50

-

(290.00)

 

3,740.00

480.00

-

(8.76)

-

 

290.00

825.00

52.00

-

(290.00)

10.  Net Profit from Ordinary Activites after tax

6,222.32

2,416.04

(645.02)

8,638.36

1,723.39

11.  Paid-up Equity Share Capital

1,460.21

1,460.21

1,460.21

1,460.21

1,460.21

12.  Reserves Excluding Revaluation Reserves

 

 

 

30,516.21

24,431.94

13. a) Basic and Diluted EPS before Extraordinary items

      b) Basic and Diluted EPS after Extraordinary items

42.61

42.61

16.55

16.55

(4.42)

(4.42)

59.16

59.16

11.80

11.80

14.  Public Shareholding

       Number of shares

       Percentage of Shareholding

 

4,157,527

28.47

 

4,157,527

28.47

 

4,158,342

28.48

 

4,157,527

28.47

 

4,158,342

28.48

15. Promoters and promoter group shareholding

     (a) Pledge / Encumbered

      Number of Shares

     (b) Non-encumbered

      Number of Shares

      Percentage of shares (as a % of the total shareholding of      

      promoter and promoter group)

      Percentage of shares (as a % of the total share capital of the company

 

 

Nil

 

10,444,556

100.00

 

71.53

 

 

Nil

 

10,444,556

100.00

 

71.53

 

 

Nil

 

10,443,741

100.00

 

71.52

 

 

Nil

 

10,444,556

100.00

 

71.53

 

 

Nil

 

10,443,741

100.00

 

71.52

  NOTES :

1.      Previous quarter’s/year’s figures have been regrouped / rearranged wherever necessary to conform to those of current quarter/year classification.

2.      The above audited financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on Saturday, 29th May 2010.

3.      The Board of Directors have recommended dividend @ 150% on Equity Shares for the year ended 31st March 2010.

  1. Number of investors Complaints :

a) Pending at the beginning of the quarter             -   Nil

b) Received during the quarter                               -   23

c) Disposed off during the quarter                         -   23

d) Pending unresolved at the end of the quarter    -  Nil

 

For Savita Oil Technologies Limited

G.N. Mehra.

Chairman and Managing Director

Mumbai 

29th May, 2010.

 

 

 

 

SAVITA OIL TECHNOLOGIES LIMITED

(Formerly known as ‘Savita Chemicals Limited’)

AUDITED SEGMENTWISE REVENUE, RESULTS AND CAPITAL EMPLOYED

 FOR THE YEAR ENDED 31st  MARCH, 2010

 Rs. In Lacs

 

Nine Months ended

31.12.2009

(Reviewed)

Quarter ended  31.3.2010

(Reviewed)

Quarter ended 31.3.2009

(Reviewed)

Year ended 31.3.2010

(Audited)

Year ended 31.3.2009

(Audited)

1.      Segment Revenues

Petroleum Products

       Wind Power

       Other Unallocated

 

Net Income / Income from Operations

 

 

81,237.49

2,447.86

180.76

 

83,866.11

 

 

 

34,354.24

320.74

152.11

 

34,827.09

 

 

 

28,662.89

647.75

17.88

 

29,328.52

 

 

 

115,591.73

2,768.60

332.87

 

118,693.20

 

 

 

113,452.74

2,187.57

439.10

 

116,079.41

 

2.      Segment Results

Profit  before taxation and

Interest for each Segment

 

Petroleum Products

Wind Power

 

Total

 

Less : i) Interest

         ii) Other Unallocated expenditure

              Net of unallocated revenue

              Total Profit before Tax

 

 

 

 

 

9,126.91

945.89

10,072.80

 

359.65

305.83

665.48

9,407.32

 

 

 

 

 

3,782.27

(196.97)

3,585.30

107.73

35.29

143.02

3,442.28

 

 

 

 

 

(402.68)

(39.31)

(441.99)

137.97

360.56

498.53

(940.52)

 

 

 

 

 

12,909.17

748.92

13,658.09

467.38

341.11

808.49

12,849.60

 

 

 

 

 

3,584.48

78.52

3,663.00

486.94

575.67

1,062.61

2,600.39

3.      Capital Employed :

(Segment Assets - Segment Liabilites)

Petroleum Products

Wind Power

Unallocated Capital Employed

Total

 

 

 

21,172.87

8,346.14

2,595.81

32,114.82

 

 

 

25,893.00

8,438.25

(2,354.48)

31,976.77

 

 

 

17,506.04

7,071.14

1,315.32

25,892.50

 

 

 

25,893.00

8,438.25

(2,354.48)

31,976.77

 

 

 

17,506.04

7,071.14

1,315.32

25,892.50

  NOTE  :

           Previous quarter’s / year’s figures have been regrouped /  rearranged wherever necessary to conform to those of  current  quarter  / year classification.

For Savita Oil Technologies Limited

G.N. Mehra

                                                                                                                  Chairman and Managing Director

 Mumbai

29th  May, 2010.