Castrol India profit rises 4 pc to Rs 242 crore in Jan-Mar

Lubricant maker Castrol India on Tuesday reported a 4 per cent growth in its profit after tax at Rs 242 crore in the January-March quarter of 2026 compared to the same period last year.

Lubricant maker Castrol India on Tuesday reported a 4 per cent growth in its profit after tax at Rs 242 crore in the January-March quarter of 2026 compared to the same period last year. The company delivered a profit after tax (PAT) of Rs 233 crore in the first quarter of the calendar year 2025. Castrol India follows the calendar year for financial reporting. The revenue for the quarter under review rose 9 per cent to Rs 1,545 crore from Rs 1,422 crore in the January-March period of CY2025. Also, earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 7 per cent to Rs 329 crore in the March quarter of this year as compared to Rs 322 crore in the first quarter of the previous year, Castrol India said. ''The first quarter reflects strong momentum as we continue to execute our growth strategy. We expanded deeper into rural India, tapping village clusters with population below 20,000, with our rural portfolio growing at double digits. In urban markets, we sharpened our focus on premium brands, driving distribution and activations in high-density consumption areas and delivering double-digit volume and value growth,'' said Saugata Basuray, Executive Director and CEO (Interim) at Castrol India Limited. The industrial business also sustained its double-digit growth, he said, adding that all of this has translated into continued market share gains and reinforces that our strategy is delivering. While the underlying momentum in the business remains strong, the external environment is becoming increasingly volatile, he said. The company remains confident in its strategy and will continue to respond with agility and discipline, balancing near-term actions with a clear focus on long-term growth, he stated. ''Towards the end of the quarter, we saw early signs of external headwinds on currency and on raw material costs driven by geopolitical events. We are proactively positioning the business to navigate a more volatile and inflationary environment through calibrated pricing, cost discipline and stronger supply resilience. ''As we respond, we will continue to expand distribution and invest in our premium brands, while staying agile and protecting the fundamentals of the business,'' added Mrinalini Srinivasan, Chief Financial Officer and Wholetime Director, Castrol India Limited.