Gulf Oil Lubricants India has reported results for third quarter ended December 31, 2022 (Q3FY23).
The company has reported a rise of 6.86% in its net profit at Rs 62.65 crore for the quarter under review as compared to Rs 58.63 crore for the same quarter in the previous year. Total income of the company increased 29.80% at Rs 795.37 crore for Q3FY23 as compared to Rs 612.77 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.
