Castrol

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 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 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

Tech picks: JK Lakshmi, Castrol can rally up to 20%, says HDFC Securities

On the broader market outlook, Vinay Rajani technical & derivative analyst of HDFC Securities says the Nifty has broken out from a consolidation phase and can rally towards 22,600-22,700.

Castrol India logs 9% growth in PAT at Rs 225 crore in June quarter

Lubes maker Castrol India on Monday reported a 9 per cent growth in profit after tax at Rs 225 crore in the June quarter. The company had posted a profit after tax (PAT) of Rs 206 crore a year ago. The revenue from operations during the second quarter of the current calendar year stood at 1,334 crore, compared to Rs 1,242 crore in the year-ago period, the company said in a statement. Castrol India follows the January-December calendar year (CY) for its financial reporting. In the last quarter, we focused on achieving growth through increased volume. Despite challenges, we flourished, showcasing resilience and innovation in products and services, said Sandeep Sangwan, managing director, Castrol India Limited. During the quarter, Sangwan said, the company expanded its portfolio by entering the auto care range and launching new products, and tie-ups with some organisations strengthened the market position. Our success is attributed to a robust supply chain and customer-centric servi

Castrol India posts 11.3% fall in Q1 profit on rising input costs

Revenue from operations increased 4.7% to 13.12 billion rupees, but that was not enough to offset the 8.9% rise in total expenses to 10.23 billion rupees

Auto aftermarket firm myTVS raises Rs 203 cr in funding from Lingotto

Company earlier got Rs 487 cr from Castrol India for business and technology collaborations

Stocks to Watch: Hero MotoCorp, Castrol, Tata Consumer, HFCL, Bikaji Foods

Stocks to Watch Today: Bikaji Foods, Castrol, Hero MotoCorp, Godrej Properties, Tat Consumer, pharma and insurance related shares are likely to be in focus on Monday.

Castrol to pick up 7.09% stake in TVS family's Ki Mobility for Rs 488 cr

With this deal, which is Castrol's largest all-cash transaction, the firm aims to expand its presence in service and maintenance of ICE vehicles and EVs

Stocks to Watch: UltraTech Cement, Castrol, CIL, Aether Ind, Deepak Nitrite

Stocks to Watch: Aether Industries will be in focus as the speciality chemical maker is set to make its debut on the bourses today. The issue price has been fixed at Rs 642 per share.

MG Motor, Castrol to join hands with Jio-bp over mobility solutions for EVs

Under the partnership, Jio-bp, MG Motor and Castrol will explore setting up four-wheeler EV charging infrastructure and expand Castrol's existing auto service network to cater to EV customers

Lubricant brand Castrol India net profit flat in December quarter

Lubricant brand Castrol India Ltd on Monday reported a net profit of Rs 189 crore in the fourth quarter ended December 31, almost unchanged from the year-ago period.

Stock ideas from Prabhudas Lilladher: Buy Bharat Electronics, Castrol

Mid-caps continue with their strong up-trend and is anticipated to do so till the budget time

Castrol bets on purpose-led advertising and cricket to engage with users

The brand bets on purpose-led advertising and cricket to engage with its user community, bats for longevity