Castrol India Ltd News
Castrol India Q2FY25 results: Net profit increases 6.7% to Rs 207 cr
The company, in which oil major BP has a 51 per cent stake, said profit after taxes rose to Rs 207 crore ($24.6 million) in the July-September quarter, from Rs 194 crore a year ago
 "Castrol India Q2FY25 results: Net profit increases 6.7% to Rs 207 cr")
Castrol India appoints Rakesh Makhija chairman as R Gopalakrishnan exits
Castrol India announced that Satyavati Berera will join the board as an Independent Director and Chairperson of the Audit Committee, effective October 1
 "Castrol India appoints Rakesh Makhija chairman as R Gopalakrishnan exits")
Castrol India results: Net profit rises 3% to Rs 232 cr in June quarter
Lubes maker Castrol India Limited reported a marginal 3 per cent growth in profit after tax (PAT) to Rs 232 crore for the June 2024 quarter. The company had posted a PAT of Rs 225 crore in the April-June period of 2023. The revenue from operations during the second quarter rose 5 per cent to Rs 1,398 crores compared to Rs 1,334 crore in the corresponding quarter of the previous year, Castrol India said. Castrol India follows the January-December period of the year for financial reporting. "Our balanced focus on volumes and margins, along with our commitment to innovation and brand building, has driven revenue growth," Deepesh Baxi, Chief Financial Officer at Castrol India Limited, said. Looking ahead, the ongoing innovations in products and services, coupled with strategic brand investments, will sustain our growth momentum, he said. "Potential stabilisation of input costs in the latter half of the year could signal a positive trend for the industry," Baxi added.
Castrol, IRFC, Oil India rally up to 50% so far in July; trading guide here
As many as 71 out of the Nifty 500 stocks have surged more than 10 per cent in the first-half of July 2024 so far; here are the key levels to watch on 5 buzzing stocks of the current month.
 "Castrol, IRFC, Oil India rally up to 50% so far in July; trading guide here")
Castrol India shares zoom 18% on huge volumes, trade near record high
Castrol India stock update: In the past one year, the stock price of Castrol India has more-than-doubled, zooming 107 per cent, as compared to 23 per cent rally in the benchmark index
 "Castrol India shares zoom 18% on huge volumes, trade near record high")
Castrol India stock price rises over 4% on appointment of Kedar Lele as MD
The uptick in share price came after the company board appointed Kedar Lele as additional director and managing director for 5 years, with effect from November 1
 "Castrol India stock price rises over 4% on appointment of Kedar Lele as MD")
