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Aug 11 2008
Castrol India Unaudited Financial Results for Second Quarter Ended PDF Print E-mail
Written by News watch   
Monday, 11 August 2008

Castrol India Limited has delivered another impressive set of results for the second quarter of 2008. The performance has been underpinned with profitable volume growth. During the Quarter April - June 2008, Profit Before Tax increased by 26% to Rs.128 crores, Profit After Tax increased by 26% to Rs. 83 crores and Net Sales was up by 15% to Rs. 621 crores.  For the six month period, January - June 2008, Profit Before Tax is up by 47% to Rs 246.1 crores based on a net sales increase of 13% over the corresponding period in 2007. The company has declared an interim dividend of Rs.6 per share for the year ending 31st December 2008. Responding to the challenges of a difficult environment, the company has suitably enhanced  marketing  support  through informative advertising and value adding promotions. The scale-up for Castrol BikeZone - a franchised motorcycle servicing concept - slowed with high real estate rentals. 


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Castrol India Net Profit up 41%




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