MoneyWorks4Me

Castrol India reports 46% rise in Q1 net profit

14 May 2015 Evaluate

Castrol India has reported results for first quarter ended March 31, 2015

The company has posted a rise of 46.41% in its net profit at Rs 146.7 crore for the quarter ended March 31, 2015 as compared to Rs 100.2 crore for the same quarter in the previous year. Total income of the company has increased by 1.21% at Rs 842.7 crore for quarter under review as compared to Rs 832.6 crore for the quarter ended March 31, 2014.

Castrol India is the second largest player in the Indian lubricant industry and is the market leader in the retail automotive lubricant segment. It manufactures and markets a range of automotive and industrial lubricants.

Peers