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Gulf Oil Lubricants India standalone net profit rises 12.21% in the December 2019 quarter

Capital Market 

Sales decline 8.69% to Rs 421.86 crore

Net profit of Gulf Oil Lubricants India rose 12.21% to Rs 55.87 crore in the quarter ended December 2019 as against Rs 49.79 crore during the previous quarter ended December 2018. Sales declined 8.69% to Rs 421.86 crore in the quarter ended December 2019 as against Rs 462.03 crore during the previous quarter ended December 2018. ParticularsQuarter EndedDec. 2019Dec. 2018% Var.Sales421.86462.03 -9 OPM %18.3815.78 -PBDT81.6882.64 -1 PBT73.5976.68 -4 NP55.8749.79 12

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, February 12 2020. 08:24 IST
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