Castrol India Q4 Results: Profit Rises 12%, Beats Estimates

Castrol India Ltd.'s fourth-quarter profit rose 12% year-on-year, beating the Street's expectations.

Net profit for the company rose to Rs 271 crore in the three months through Dec. 31, 2024, according to its exchange filing on Monday. That compares with the Rs 223-crore consensus estimate of analysts tracked by Bloomberg.

Revenue from operations in the quarter ended December rose 7% to Rs 1,354 crore. Bloomberg analysts' consensus estimate for the revenue stood at Rs 1,353 crore.

Castrol's earnings before interest, taxes, depreciation, and amortisation rose 14% to Rs 376 crore, while the margin expanded to 27.8%. Analysts had estimated Ebitda and margin to be Rs 303 crore and 22% respectively.

• Revenue up 7.1% to Rs 1,353.9 crore versus Rs 1,264 crore (Bloomberg estimate: Rs 1,353 crore).

• Ebitda up 14% to Rs 375.9 crore versus Rs 329.1 crore (Estimate: Rs 303 crore).

• Ebitda margin expands to 27.8% versus 26% (Estimate: 22%).

• Net profit up 12% to Rs 271.4 crore versus Rs 241.9 crore (Estimate: Rs 223 crore).

"In 2025, we will continue the promise by focusing on the delivery of high-quality products and services to the automotive and industrial sectors," Managing Director Kedar Lele said. "A key milestone this year is the relaunch of Activ, our biggest brand, in the first quarter."

The board of directors has declared a final dividend of Rs 9.5, including a special dividend of Rs 4.5, taking the total dividend to Rs 13 per equity share held by stakeholders of the company to commemorate 125 years of the company's existence. March 18 has been fixed as the record date for determining eligibility of shareholders.

Shares of Castrol India closed 0.52% down at Rs 176.70 apiece on the NSE, compared to a 0.52% fall in the benchmark Nifty 50.