Castrol India Ltd News

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

Castrol India shares climb 4% after resolving ₹4,131-crore sales tax case

At 10:25 AM, Castrol India shares were trading at ₹228.20, up by 3.78 per cent on the National Stock Exchange.

Castrol India appoints Mrinalini Srinivasan as Chief Financial Officer

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 .