Castrol India has reported results for the first quarter ended March 31, 2016.
The company has posted a rise of 17.52% in its net profit at Rs 172.40 crore for the quarter ended March 31, 2016 as compared to Rs 146.70 crore for the same quarter in the previous year. Total income of the company has increased by 3.76% at Rs 874.40 crore for quarter under review as compared to Rs 842.70 crore for the quarter ended March 31, 2015.
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.
