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Lubes maker Castrol India on Tuesday reported 10 per cent growth in the Profit After Tax (PAT) at Rs 228 crore in the third quarter over the same period a year ago. The company had posted a profit after tax of Rs 207 crore in Q3 of CY 2024, Castrol India said. Revenue from operations grew 6 per cent for the September quarter to Rs 1,363 crore as compared to Rs 1,288 crore in the third quarter of 2024. "We delivered yet another quarter of consistent growth, while maintaining profitability through our diverse portfolio and agile channel mix. Both rural and industrial segments continue to build strong momentum, contributing significantly to our growth story," said Kedar Lele, Managing Director, Castrol India Limited. Looking ahead, the company's focus will stay firmly on driving volume growth, delivering market share gains, and expanding the portfolio in consumer-relevant adjacent categories," he added. "While the external environment continues to shift, we have remained nimble, adap
Lubes maker Castrol India on Monday announced the appointment of Mrinalini Srinivasan as its Chief Financial Officer. Srinivasan, whose appointment to the post is effective from July 28, succeeds Deepesh Baxi, who moved on from the role in March 2025 to pursue other opportunities, the company said in a statement. In her current role, Srinivasan will lead Castrol India's financial function and be a key member of the leadership team, the company said. "Mrinalini's experience in navigating complex business environments and driving alignment across teams will be a real asset," said Kedar Lele, Managing Director at Castrol India Ltd. Srinivasan will work closely with the interim CFO Vishal Thakkar through August to ensure a smooth handover, the company said. She joins Castrol with over 17 years of experience at P&G India, where she held a range of leadership roles across business units and geographies, including Asia, the Middle East, and Africa, it said. "We welcome Mrinalini to the .
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.