Castrol India reports 15.16% fall in Q2 net profit

Castrol India has reported results for second quarter ended June 30, 2012.

On the standalone basis, the company has posted a fall of 15.16% in its net profit at Rs 120.9 crore for the quarter ended June 30, 2012 as compared to Rs 142.5 crore for the same quarter in the previous year.  However, total income has increased by 7.71% at Rs 854.4 crore for quarter under review as compared to Rs 793.2 crore for the quarter ended June 30, 2011

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.