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
Stonepeak's open offer for Castrol India at ₹194.04 a share is only slightly above the market price, prompting analysts to expect limited movement in the stock despite the ownership change
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
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
VinFast Auto India has partnered with Castrol India to enhance EV after-sales support through Castrol Auto Service workshops, boosting reach, reliability, and customer confidence
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
At 10:25 AM, Castrol India shares were trading at ₹228.20, up by 3.78 per cent on the National Stock Exchange.
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 .
Profit at Castrol India, majority-owned by British oil major BP, rose to Rs 2.33 billion ($27.4 million) from Rs 2.16 billion a year ago
Q4 FY25 company results today: Aditya Birla Sun Life AMC, Adani Total Gas, AWL, Castrol, and IIFL Securities will be among 49 firms to post earnings reports for the January-March quarter on April 28
Till 11:11 am; a combined 27.24 million equity shares representing 2.75 per cent of total equity of the company have changed hands on the NSE (26.35 million shares) and BSE (0.89 million shares).
British firm holds 51% stake in Castrol India valued at Rs 11,000 crore
Stocks to Buy Today, Feb 27: BHEL share price formed a bullish 'Engulfing' candlestick pattern on the daily chart
Castrol India share price gained 9.68 per cent at Rs 193.75 a piece on the BSE in Tuesday's intraday trade after the company reported steady fourth quarter results for the calendar year 2024
Quarterly revenue grew 7.1 per cent to 13.54 billion rupees in the October to December quarter due to higher sales of its lubricants for two-wheelers and commercial vehicles
The Bombay High Court has ordered 'Flying Beast' Gaurav Taneja to remove two videos after Castrol India accused him of copyright infringement for not crediting the company
Additionally, the counter has surpassed its recent swing high, coinciding with earlier breakout zones, backed by rising volumes
The company, in which oil major BP has a 51 per cent stake, said profit after taxes rose to Rs 207 crore ($24.6 million) in the July-September quarter, from Rs 194 crore a year ago
Castrol India announced that Satyavati Berera will join the board as an Independent Director and Chairperson of the Audit Committee, effective October 1
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.