Castrol India Q2 profit up 48.31% at Rs 184.5 crore
Lubes maker Castrol India today reported a 48.31 per cent rise in its net profit at Rs 184.5 crore for the second quarter ended June 30, 2015.
By PTI | Updated:
MUMBAI: Lubes maker Castrol India today reported a 48.31 per cent rise in its net profit at Rs 184.5 crore for the second quarter ended June 30, 2015.
The company had a net profit of Rs 124.4 crore in the same quarter last year, Castrol India said in a statement.
The company follows January-December financial year.
Income from operations stood at Rs 923.6 crore during the quarter under review as against Rs 913.7 crore in the same period last year.
"This is a strong set of financial results for the quarter, underpinned by prudent margin management, premiumisation of our portfolio and good progress on key strategic drivers," Castrol India Managing Director Ravi Kirpalani said.
The company had a net profit of Rs 124.4 crore in the same quarter last year, Castrol India said in a statement.
The company follows January-December financial year.
Income from operations stood at Rs 923.6 crore during the quarter under review as against Rs 913.7 crore in the same period last year.
"This is a strong set of financial results for the quarter, underpinned by prudent margin management, premiumisation of our portfolio and good progress on key strategic drivers," Castrol India Managing Director Ravi Kirpalani said.
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