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Castrol India reports 22% rise in Q3 net profit

17 Oct 2013 Evaluate

Castrol India has reported results for the third quarter ended September 30, 2013.

The company has reported 21.94% fall in its net profit after tax at Rs 104.50 crore for the quarter as compared to Rs 85.70 crore for the same quarter in the previous year. Total income of the company has increased marginally by 0.68% at Rs 739.30 crore for quarter under review as compared to Rs 734.30 crore for the quarter ended September 30, 2012.

Castrol India is the second largest player in the Indian lubricant industry and is the market leader in the retail automotive lubricant segment. It manufactures and markets a range of automotive and industrial lubricants.

 

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