|
Castrol India Unaudited Financial Results for Second Quarter Ended |
|
|
|
|
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.
Related Items:
Castrol India Net Profit up 41%
Only registered users can write comments. Please login or register. AkoComment © Copyright 2004 by Arthur Konze - www.mamboportal.com All right reserved |