Moneycontrol PRO
HomeNewsBusinessEarningsCastrol net up 10.7% to Rs 155.8cr; revenue almost flat

Castrol net up 10.7% to Rs 155.8cr; revenue almost flat

Castrol India today reported a 10.7 per cent rise in net profit at Rs 155.8 crore for the fourth quarter ended December 31, while its revenue inched down 1 per cent to Rs 782.2 crore.

February 21, 2017 / 21:21 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    Castrol India today reported a 10.7 per cent rise in net profit at Rs 155.8 crore for the fourth quarter ended December 31, while its revenue inched down 1 per cent to Rs 782.2 crore.

    For the full year ended December 2016, profit rose 9.7 per cent to Rs 674.9 crore, the automotive and industrial lubricant manufacturing company said.

    The board of the company declared a final dividend of Rs 4.50 a per share (against Rs 5 last year) and a special dividend of Rs 2 (against nil last year) in addition to the interim dividend of Rs 4.50 per share (Rs 4 in 2015) paid in August 2016.

    Commenting on the results, Omer Dormen, Managing Director, said despite external challenges we could deliver a strong set of results for the financial year as well as Q4 thanks to the excellent performance across both automotive and industrial segments.

    Overall volume rose 4 per cent for the year, driven by continued momentum in the personal mobility segments and power brands, both delivering double digit growth, he added.

    first published: Feb 21, 2017 09:10 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347