Savita is India's largest base oils importer for third time in four months
Apar Industries slips to second place even as its market share rises
Raj Petro Specialities, ExxonMobil Lubricants move up the rankings
Savita Oil Technologies emerged as India’s largest base oils importer in October for the third time in four months, reinforcing its dominant role in sourcing overseas lubricants feedstock to meet rising domestic demand.
India’s base oils imports rose more than 10% in the first ten months of 2025 to meet a 4% rise in domestic lubricants consumption.
Savita captured a growing share of these imports both in October and throughout the year, strengthening its market position.
Market Share snapshot – October 2025
· Savita Oil Technologies: >15% of India’s total base oils imports, up from September, slightly below its 16% average for the first ten months.
· Apar Industries: Slipped to second place but increased its share to >15%, above its 13% average for the year.
· Raj Petro Specialities: Climbed to third place, its strongest position in four months.
· ExxonMobil Lubricants: Advanced to fourth, its highest ranking in nine months.
Strong Financial Performance
Savita’s standalone operating profit rose by 25% from a year earlier in the three months ending September, reaching its second-highest level since the end of 2023.
Its highest quarterly profit since then was in the second quarter of this year.
More than two-thirds of Savita’s sales come from specialty oils, including transformer oils, white oils and other formulated specialty products. Automotive and industrial lubricants account for the rest.
Its total sales volume increased by 5% in the year to March 2025 and by 8% in the previous year.
