Published by Global Banking & Finance Review®
Posted on August 5, 2025
2 min readLast updated: January 22, 2026
Add as preferred source on GoogleCastrol India reports a 5.1% profit increase in Q2, driven by strong demand for lubricants. Revenue grew 7.1%, with expansion plans underway.
(Reuters) -Castrol India reported a 5.1% rise in second-quarter profit on Tuesday, fuelled by steady demand for its automobile and industrial lubrication products.
The engine oil and industrial lubricants maker, majority-owned by BP, posted a profit after tax of 2.44 billion rupees ($27.8 million) for the quarter ended June 30, up from 2.32 billion rupees a year ago.
Revenue from operations grew 7.1% to 14.97 billion rupees, while total expenses rose 6.6%, driven by a 3.2% increase in raw material costs.
India's retail vehicle sales rose nearly 5% year-on-year during in the quarter, lifting demand for companies like Castrol, which generates roughly 80% of its revenue from the auto sector.
Two-wheeler sales were up 5.02%, while passenger vehicles and commercial vehicle sales grew by about 3% and 1%, respectively.
Castrol India supplies lubricants to major auto manufacturers in the country, including Maruti Suzuki and Hero MotoCorp.
In its latest annual report, the company detailed plans to expand its geographic reach by broadening its product portfolio, enhancing its workshop network and investing in premium lubricant brands.
"Industrial is a long-term growth area for us, and we’ve seen encouraging traction in the first half," said Managing Director Kedar Lele in a statement.
Shares of the company are up 1.6% higher after results were reported, having gained 9.3% in the reported quarter.
In comparison, shares of smaller peer Gulf Oil Lubricants India jumped 10.2% in the same period.
($1 = 87.7940 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru; Editing by Sumana Nandy)
Castrol India reported a profit after tax of 2.44 billion rupees for the quarter ended June 30.
Revenue from operations grew by 7.1% to 14.97 billion rupees.
The profit rise was fueled by steady demand for its automobile and industrial lubrication products.
Approximately 80% of Castrol India's revenue is generated from the auto sector.
The company plans to expand its geographic reach, broaden its product portfolio, enhance its workshop network, and invest in premium lubricant brands.
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