Castrol India has reported results for third quarter ended September 30, 2016.
The company has reported 2.37% fall in its net profit at Rs 139.80 crore for the quarter under review as compared to Rs 143.20 crore for the same quarter in the previous year. Total income of the company decreased marginally by 2.75% at Rs 777.20 crore for the quarter under review as compared Rs 799.20 crore for the corresponding quarter previous year.
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.