Gulf Oil Lubricants India standalone net profit rises 6.86% in the March 2017 quarter

Sales rise 10.20% to Rs 298.94 crore

Net profit of Gulf Oil Lubricants India rose 6.86% to Rs 32.10 crore in the quarter ended March 2017 as against Rs 30.04 crore during the previous quarter ended March 2016. Sales rose 10.20% to Rs 298.94 crore in the quarter ended March 2017 as against Rs 271.27 crore during the previous quarter ended March 2016.

For the full year,net profit rose 20.71% to Rs 121.08 crore in the year ended March 2017 as against Rs 100.31 crore during the previous year ended March 2016. Sales rose 11.89% to Rs 1128.61 crore in the year ended March 2017 as against Rs 1008.67 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales298.94271.27 10 1128.611008.67 12 OPM %15.5616.58 -15.9815.78 - PBDT51.4447.45 8 192.18159.30 21 PBT49.4945.86 8 184.93153.26 21 NP32.1030.04 7 121.08100.31 21

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