Castrol India Ltd News

Castrol India: Well oiled to grow, but valuations may limit sharp upside

The BP-Stonepeak transaction has brought Castrol India into focus, but while margins, cash flows and brand strength remain robust, expensive valuations may restrain near-term gains

Castrol India up 4% after Motion JVCo, Stonepeak, & CPPIB makes open offer

The buying on the counter came after Motion JVCo Limited, together with Stonepeak Motion Holdco Limited and CPP Investment announced an open offer to acquire up to 26 per cent equity of Castrol India

BP agrees to sell 65% stake in Castrol to Stonepeak for $6 billion

The oil major to sell $20 billion worth of assets to help slash its net debt from $26 billion to between $14 billion and $18 billion by the end of 2027

Castrol India rallies 9% as BP plans to sell 65% stake to Stonepeak

Castrol India shares rose after global oil giant BP reached an agreement to offload a 65 per cent stake in Castrol at an enterprise value of $10 billion

Castrol India Q3 results: Profit rises 10% to ₹228 crore, revenue up 6%

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

Castrol India Q2 results: Net profit rises 5% to ₹244 cr on higher demand

The engine oil and industrial lubricants maker, majority-owned by BP, posted a profit after tax of ₹244 crore ($27.8 million) for the quarter ended June 30, up from ₹232 crore a year ago