Gulf Oil Lubricants India standalone net profit rises 32.52% in the March 2018 quarter

Sales rise 30.68% to Rs 373.31 crore

Net profit of Gulf Oil Lubricants India rose 32.52% to Rs 41.36 crore in the quarter ended March 2018 as against Rs 31.21 crore during the previous quarter ended March 2017. Sales rose 30.68% to Rs 373.31 crore in the quarter ended March 2018 as against Rs 285.67 crore during the previous quarter ended March 2017.

For the full year,net profit rose 34.88% to Rs 158.56 crore in the year ended March 2018 as against Rs 117.56 crore during the previous year ended March 2017. Sales rose 22.59% to Rs 1332.26 crore in the year ended March 2018 as against Rs 1086.79 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales373.31285.67 31 1332.261086.79 23 OPM %16.8516.10 -17.6916.36 - PBDT67.2150.37 33 253.29188.33 34 PBT63.4948.42 31 242.86181.08 34 NP41.3631.21 33 158.56117.56 35

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