Castrol India has reported a 18.46 per cent rise in net profit at Rs 35.76 crore for the first quarter ended March 31, 2003, compared to Rs 30.14 crore posted in same period of previous fiscal.
Total income (net of excise) has fallen to Rs 250.39 crore as against Rs 264.44 crore in Q1 of fiscal 2002.
The board has recommended a final dividend of Rs 12.50 per equity share (which includes a special dividend of Rs 8.25), it said.