Latest news with #CastrolActiv
Business Standard
29-04-2025
- Automotive
- Business Standard
Castrol India Q1 PAT rises 8% YoY to Rs 233 cr in CY25
Castrol India reported consolidated net profit rose 7.96% to Rs 233.46 crore on a 7.3% jump in revenue from operations to Rs 1,422 crore in Q1 CY25 over Q1 CY24. Profit before tax in Q1 CY25 stood at Rs 312.72 crore, up by 7.08% from Rs 292.05 crore in Q1 CY24. Total expense jumped 7.96% year on year to Rs 1,141.52 crore during the quarter. Employee benefits expense was at Rs 67.50 crore (down 12.43% YoY), while other expenses stood at Rs 308.42 crore (up 16.92% YoY) during the period under review. Kedar Lele, managing director, Castrol India, said, We have made a steady start to the year, delivering growth in both revenue and profitability despite a challenging external environment. Our focus on product innovation, portfolio expansion, and deeper market penetration continues to fuel consistent momentum. The successful relaunch of Castrol Activ and continued traction in rural markets have been key growth drivers and contributed meaningfully to our volume growth this quarter We remain committed to strengthening mechanic advocacy across channels and leveraging the power of our brand communication to deepen consumer relevance. While macro headwinds such as rising input costs and forex volatility persist, we are confident in our ability to strengthen our leadership position, sustain growth, and deliver margins in this dynamic market, Lele further said. The company follows the calendar year (January to December) for its financial reporting. Castrol India is principally engaged in the business of manufacturing & marketing automotive and industrial lubricants and related services. Shares of Castrol India fell 2.79% to Rs 203.60 on the BSE.
Business Upturn
28-04-2025
- Automotive
- Business Upturn
Castrol India Q4 FY25 Results: Revenue up 7% YoY to 1,422 crore, Net Profit up 8% YoY
By Aditya Bhagchandani Published on April 28, 2025, 16:04 IST Castrol India Limited announced its financial results for the first quarter ended March 31, 2025 (Q1 2025), reporting a steady increase in both revenue and profitability. Despite external macroeconomic challenges, the company managed to deliver a robust performance, driven by brand strength, innovative product launches, and strategic distribution expansion. The company's revenue from operations stood at ₹1,422 crore, up 7% year-on-year (YoY) compared to ₹1,325 crore in the same quarter last year. Profit after tax (PAT) rose by 8% YoY to ₹233 crore, compared to ₹216 crore reported in Q1 2024. Profit before tax (PBT) also increased by 7% YoY to ₹313 crore. The growth was supported by the relaunch of Castrol Activ with Actibond technology, a strategic move to strengthen its leadership in the two-wheeler engine oil category. The brand's new positioning was amplified through a high-profile campaign featuring Bollywood superstar Shah Rukh Khan. Castrol also expanded its distribution reach, now covering nearly 1.48 lakh outlets nationwide, reflecting its focus on enhancing last-mile delivery and customer access. The company faced macro headwinds including input cost pressures, forex volatility, and inflationary trends, but continued to prioritize customer-centric innovation, operational excellence, and strategic partnerships to mitigate these challenges. Castrol India Managing Director and CEO Sandeep Sangwan said, 'We continue to navigate challenges through strong brand equity, customer-focused strategies, and continuous innovation. Our transformation journey remains on track as we explore new growth avenues while further strengthening our core business.' The company also mentioned its strategic progress in expanding into service and maintenance solutions under the Castrol Auto Service (CAS) network. Castrol Auto Service, now having a strong presence in over 300 outlets across India, remains a key focus area for future growth. Highlights of Castrol India Q1 2025 Results: Revenue from Operations: ₹1,422 crore, up 7% YoY. ₹1,422 crore, up 7% YoY. Profit After Tax (PAT): ₹233 crore, up 8% YoY. ₹233 crore, up 8% YoY. Profit Before Tax (PBT): ₹313 crore, up 7% YoY. ₹313 crore, up 7% YoY. Gross Margin: 47% for the quarter. 47% for the quarter. Distribution Expansion: Reached nearly 1.48 lakh outlets. Reached nearly 1.48 lakh outlets. Marketing Initiatives: Successful campaign with Shah Rukh Khan promoting Castrol Activ relaunch. Successful campaign with Shah Rukh Khan promoting Castrol Activ relaunch. Strategic Focus: Continued investments into Castrol Auto Service and service ecosystem expansion. Looking ahead, Castrol remains cautiously optimistic, committed to driving innovation in lubricants, scaling up the service ecosystem, and expanding its product portfolio to capture emerging opportunities in the Indian automotive and industrial markets. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
