Castrol India Q1 results show revenue up from 1315.99 crores to 1352.31 crores, a 2.76% increase in growth. EPS rise from ₹2.05 to ₹2.28, up by 00%.
First, Let’s Begin with Quarter-on-Quarter Basis:
Castrol India shared its Q1 results on Monday. They earned 1352.31 crores in revenue this quarter, but that’s more than the 1315.99 crores they made last quarter. The company’s growth increased by 2.76 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 225.27 crores, up from 202.50 crores in the previous quarter. Their quarter-to-quarter growth increased by 11.24 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹2.28, which is an increase of 11.22% from the ₹2.05 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 1352.31 crores this year (2023), which is 7.72 percent higher than last year’s total revenue of 1255.38 crores.
This year’s PAT (Profit After Tax) is 225.27 crores, which is also 9.22% higher than last year’s PAT of 206.26 crores.
The EPS (Earnings Per Share) for this year is ₹2.28, which is 9.09% more than the EPS of ₹2.09 earned last year.
Also Read: Lakshmi Machine Works Q1FY24 Results: Consolidated PAT of Rs. 93.80 Cr
Castrol India Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About Castrol India:
Castrol India Limited is a company engaged in the manufacturing of automotive and industrial lubricants. In the Indian lubricant market, The company holds the position of being the second-largest manufacturer, owning approximately 20% market share. It operates as a subsidiary of Castrol Limited UK.
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