Castrol India Ltd Monday reported a 2 per cent rise in net profit in the March quarter on back of higher revenues.
Net profit in January-March at Rs 185 crore, or Rs 1.87 per share, was higher than Rs 181.8 crore, or Rs 1.84 per share, in the same period of the previous year, the company said in a statement.
Revenue rose 5 per cent to Rs 976.2 crore.
"The company grew profits in a tough external environment," it said.
Omer Dormen, Managing Director, Castrol India Ltd: "We continue progressing really well against our strategic priorities and in first quarter 2019, we have seen strong topline improvement contributed by growth in personal mobility space, focus channels and new premium products."
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