Gulf Oil Lubricants India standalone net profit rises 66.36% in the March 2021 quarter

Sales rise 43.86% to Rs 517.43 crore

Net profit of Gulf Oil Lubricants India rose 66.36% to Rs 59.79 crore in the quarter ended March 2021 as against Rs 35.94 crore during the previous quarter ended March 2020. Sales rose 43.86% to Rs 517.43 crore in the quarter ended March 2021 as against Rs 359.68 crore during the previous quarter ended March 2020.

For the full year,net profit declined 1.20% to Rs 200.09 crore in the year ended March 2021 as against Rs 202.52 crore during the previous year ended March 2020. Sales rose 0.49% to Rs 1652.21 crore in the year ended March 2021 as against Rs 1644.15 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales517.43359.68 44 1652.211644.15 0 OPM %15.0915.40 -16.0517.47 - PBDT89.1455.58 60 302.61297.24 2 PBT80.8146.84 73 268.74264.54 2 NP59.7935.94 66 200.09202.52 -1

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