Gulf Oil Lubricants India standalone net profit rises 59.14% in the December 2017 quarter

Sales rise 34.38% to Rs 355.95 crore

Net profit of Gulf Oil Lubricants India rose 59.14% to Rs 42.49 crore in the quarter ended December 2017 as against Rs 26.70 crore during the previous quarter ended December 2016. Sales rose 34.38% to Rs 355.95 crore in the quarter ended December 2017 as against Rs 264.89 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales355.95264.89 34 OPM %17.3015.40 -PBDT67.5243.00 57 PBT65.1741.19 58 NP42.4926.70 59

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