Gulf Oil Lubricants has reported results for the fourth quarter and year ended March 31, 2019.
The company has reported a rise of 15.01% in its net profit at Rs 47.57 crore for the quarter ended March 31, 2019 as compared to Rs 41.36 crore for the same quarter in the previous year. Total income of the company increased by 16.98% at Rs 444.98 crore for quarter under review as compared to Rs 380.39 crore for the quarter ended March 31, 2018.
For the year ended March 31, 2019, the company has posted a rise of 12.12% in its net profit at Rs 177.78 crore as compared to Rs 158.56 crore for the previous year. Total income of company increased 23.55% at Rs 1,735.36 crore for year under review as compared to Rs 1,404.54 crore for year ended March 31, 2018.
