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Castrol India reports 11% rise in Q4 net profit

22 Feb 2017 Evaluate

Castrol India reported results for the fourth quarter and year ended December 31, 2016.

The company has reported 10.65% rise in net profit after tax at Rs 155.80 crore for the quarter ended December 31, 2016 as compared to Rs 140.80 crore for the same quarter in the previous year. Total income of the company increased marginally by 0.59% at Rs 818.00 crore for the quarter under review as compared Rs 813.20 crore for the corresponding quarter previous year.       

For the full year ended December 31, 2016, the company has reported 9.70% rise in its net profit after tax at Rs 674.90 crore for the year ended December 31, 2016, as compared to Rs 615.20 crore for the same period in the previous year. Total income of the company increased by 1.88% at Rs 3457.70 crore for the year under review as compared Rs 3393.90 crore for the corresponding year.

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