Castrol India reports 11% fall in Q1 net profit

Castrol India Ltd. | Lubricants | Automobiles | BSE: 500870 | NSE: CASTROLIND

10 May 2023 Evaluate

Castrol India has reported results for first quarter (Q1) ended March 31, 2023.

The company has reported 11.34% fall in its net profit at Rs 202.50 crore for the quarter under review as compared to Rs 228.40 crore for the same quarter in the previous year. However, total income of the company marginally increased by 4.86% at Rs 1311.50 crore for quarter ended March 31, 2023 as compared to Rs 1250.73 crore for the corresponding quarter previous year.

Castrol India is principally engaged in the business of manufacturing and marketing of automotive and industrial lubricants and related services.

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