Lubricant maker Castrol India logs 10 pc decline in Q3 net profit

Lubricant maker Castrol India logs 10 pc decline in Q3 net profit

Castrol India Limited on Tuesday reported a 9.9 per cent decline in its net profit for the third quarter of the current financial year (Q3 FY26), even as the company posted its highest quarterly revenue in the last two decades.

The lubricant maker said its net profit for the October–December quarter stood at Rs 244 crore, which was 9.9 per cent lower compared to Rs 271 crore in the same period last financial year (Q3 FY25).

However, revenue from operations rose by 6.4 per cent year-on-year to Rs 1,440 crore from Rs 1,354 crore -- making it the company’s strongest quarterly revenue performance in 20 years.

The company’s EBITDA, a key measure of operating performance, came in at Rs 368.5 crore, slightly lower than Rs 376.4 crore reported a year ago.

Read More 16th Finance Commission to rebalance state finances, improve fiscal transparency: Report

The EBITDA margin also slipped to 25.6 per cent from 27.8 per cent in the corresponding quarter last financial year, as per its regulatory filing.

Read More Over 26 lakh households benefit under PM Surya Ghar: Muft Bijli Yojana

Despite the pressure on margins, Castrol India recorded an 8 per cent rise in volumes during the quarter.

Read More ED arrests RCOM ex-chief Punit Garg in Rs 40,000 crore bank fraud case

For the full financial year 2025, Castrol India delivered its highest-ever revenue, marking the eighth straight quarter of growth.

Revenue from operations for the year increased by 7 per cent to Rs 5,722 crore, while EBITDA grew 5 per cent to Rs 1,348 crore.

Along with its results, the company announced a final dividend of Rs 5.25 per share for FY25.

This is in addition to the interim dividend already paid, taking the total dividend for the year to Rs 8.75 per share.

The record date for the final dividend has been set as March 23, 2026, and the payment will be made on or before April 27, 2026, subject to shareholder approval at the upcoming annual general meeting.

Commenting on the performance, Saugata Basuray, Interim Chief Executive Officer of Castrol India, said the company had delivered strong volume-led growth over the past eight quarters and improved its market share.

“As Castrol globally enters its next phase, our approach in India remains unchanged -- grow the business by staying close to customers, proactively respond to changes in the operating environment, and execute with discipline,” Basuray added.

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

MCC announces new edition of Laws of Cricket for 2026, effective from Oct 1 MCC announces new edition of Laws of Cricket for 2026, effective from Oct 1
London: The Marylebone Cricket Club (MCC) is set to amend the Laws of Cricket by allowing a wider range of...
Elon Musk’s X raided in France as prosecutors probe data and AI violations
Yumnam Khemchand Singh elected as BJP's Legislative party leader, to be next Manipur Chief Minister

Live Cricket Score

Advertisement

Science & Tech

Elon Musk’s X raided in France as prosecutors probe data and AI violations Elon Musk’s X raided in France as prosecutors probe data and AI violations
New Delhi: Elon Musk-owned social media platform X (formerly Twitter) has confirmed that its French offices were raided by the...
The Digital Safari: How AI-Generated Predators Are Blurring the Line Between Viral Humor and Real-World Risk

Health

Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits
A growing number of dermatologists are endorsing coffee-based home remedies as natural, affordable alternatives to commercial skincare. From face scrubs...
Moringa’s Rise as a Global Superfood Gains Momentum Amid New Research

Lifestyle

Cost of home-cooked veg, non-veg thalis falls 13 pc in November due to ease in input prices Cost of home-cooked veg, non-veg thalis falls 13 pc in November due to ease in input prices
The cost of preparing both vegetarian and non‑vegetarian thalis at home fell 13 per cent year‑on‑year in November, driven mainly...
10 budget honeymoon destinations for the newlyweds in India
crossorigin="anonymous">