The shares of the oil company specializing in the business of manufacturing and marketing of automotive and industrial lubricants jumped upto 10 percent upon declaring Q3 results and declaring a Dividend of 190 percent on its Face value.
Price action
With a market capitalization of Rs. 17,472 crores on Tuesday, the shares of Castrol India Limited jumped upto 10 percent making a high of Rs. 193.75 per share compared to its previous closing price of Rs. 176.65 per share.
What Happened
Castrol India Limited engaged in the business of manufacturing and marketing of automotive and industrial lubricants has announced its Q3FY25 results.
Its Revenue from operations grew by 7.1 percent YoY from Rs. 1,264 Crores in Q3FY24 to Rs. 1,354 Crores in Q3FY25 and it grew by 5.1 percent QoQ from Rs. 1,288 Crores in Q2FY25 to Rs. 1,354 Crores in Q3FY25.
Its Net Profit grew by 12 percent YoY Rs. 242 Crores in Q3FY24 to Rs. 271 Crores in Q3FY25 and it rose by 31 percent QoQ from Rs. 207 Crores in Q2FY25 to Rs. 271 Crores in Q3FY25.
The earnings per share (EPS) for the quarter stood at Rs. 2.74, compared to Rs. 2.10 in the previous quarter and Rs. 2.45 in the same quarter last year.
Along with it, the company has declared a final Dividend for the Financial Year 2024-25 of Rs. 9.5 per equity share (which includes a Special Dividend of Rs. 4.5/- per share) of the face value of Rs. 5/- each and has set 18 March 2025 as the record date.
About the company
Castrol India is a leading provider of automotive and industrial lubricants in India, offering products under the trusted Castrol brand. The company is recognized for its high-quality oils, greases, and lubricants across various sectors. Castrol India serves both consumer and business needs, with a strong focus on performance and sustainability.
Management Commentary
Kedar Lele, Managing Director, Castrol India Limited, said: “2024 was a year of significant progress for Castrol India. We introduced meaningful innovations in key product categories and enhanced our market reach. Castrol EDGE continued to set high standards for lubricants in high-performance cars, while CRB TURBOMAX+ CK4 is delivering improved performance for India’s trucking fleet.
We also strengthened our presence in rural India, now reaching over 36,000 workshops and stores, as part of our wider network of over 143,000 outlets across the country. That trust inspires us to continuously innovate and serve better.”
“In 2025, we will continue the promise by focusing on the delivery of high-quality products and services to the automotive and industrial sectors. A key milestone this year is the relaunch of ACTIV, our biggest brand, in the first quarter. Improving our footprint in rural India is going to be a priority and we intend to scale it further to get more consumers into our network. With a strong focus on customer needs and resilient manufacturing, we aim to strengthen our leadership in the industry,”
Written by Sridhar J
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