Gulf Oil Lubricants has reported results for first quarter ended June 30, 2018.
The company has reported 17.03% rise in its net profit at Rs 40.13 crore for the quarter under review as compared to Rs 34.29 crore for the same quarter in the previous year. Total income of the company increased by 18.79% at Rs 397.00 crore for Q1FY19 as compared Rs 334.19 crore for the corresponding quarter previous year.
Gulf Oil Lubricants, part of Hinduja Group, is an established player in Indian lubricant market. It markets a wide range of automotive and industrial lubricants, greases, 2-wheeler batteries, etc.
