Gulf Oil Lubricants has reported results for the fourth quarter and year ended March 31, 2018.
The company has reported a rise of 32.52% in its net profit at Rs 41.36 crore for the quarter ended March 31, 2018 as compared to Rs 31.21 crore for the same quarter in the previous year. Total income of the company has increased by 12.21% at Rs 380.39 crore for quarter under review as compared to Rs 339 crore for the quarter ended March 31, 2017.
For the year ended March 31, 2018, the company has posted a rise of 34.88% in its net profit at Rs 158.56 crore as compared to Rs 117.56 crore for the same period in the previous year. Total income of company increased 9.72% at Rs 1404.54 crore for year under review as compared to Rs 1280.11 crore for the period ended March 31, 2017.
