Castrol India Q1 net profit down 19% to Rs100 crore
Moneylife Digital Team 13 May 2014
For the March Quarter, Castrol India reported a lower net profit due to subdued demand and higher costs

Castrol India Ltd, (Castrol) the manufacturer of automotive and industrial lubricants, reported a lower first quarter net profit mainly on subdued demand and higher costs.
 
For the quarter to end-March, the engine oil maker said, its net profit fell 19% to Rs100.20 crore from Rs124.30 crore while its total revenues, including sales, grew marginally to Rs832.6 crore from Rs805.9 crore a year ago period.
 
Castrol said during the quarter, its expenses increased 9.43% to Rs670.80 crore from Rs613 crore, it paid 13.44% less taxes of Rs52.80 crore from Rs61 crore during March quarter.
 
Castrol India said it paid a final dividend of Rs3.20 on 6 May 2014.
 
Castrol India closed Tuesday marginally up at Rs293 on the BSE, while the S&P BSE Sensex ended the day 1.4% higher at 23,871.
 
For more stock results, check out this page
Comments
Free Helpline
Legal Credit
Feedback