Castrol India Limited’s stock is currently trading at ₹205.62 AT 11:40 AM on the NSE, marking a significant increase of 5.97% from its previous close of ₹194.04. During today’s session, the stock has reached a high of ₹205.80 and a low of ₹193.95, reflecting a healthy level of intraday volatility.
In comparison, the stock opened at ₹195.70, showing a strong positive movement from its opening price. In the last two trading sessions, the stock has gained a total of 10%. Until yesterday, Castrol’s share price since June 2022 has spiked from ₹112 apiece to the current resulting in a gain of 70%.
The company adheres to the calendar year (January to December) for financial reporting. For the fourth quarter (October to December 2024), the company posted revenue from operations of ₹1,354 crore, reflecting a 7% growth compared to ₹1,264 crore in the same period of 2023.
Profit Before Tax (PBT) for Q4 2024 stood at ₹371 crore, marking a 14% increase from ₹324 crore in Q4 2023.
The Profit After Tax (PAT) for Q4 2024 amounted to ₹271 crore, a 12% rise compared to ₹242 crore in Q4 2023. For the full year ending December 31, 2024, the company achieved revenue from operations of ₹5,365 crore, representing a 6% increase from ₹5,075 crore in 2023.
Kedar Lele, Managing Director of Castrol India Limited, commented on the annual results, stating, “2024 has been a year of notable advancements for Castrol India. Castrol EDGE has continued to set new benchmarks for lubricants in high-performance vehicles, while CRB TURBOMAX+ CK4 has contributed to better performance in India’s trucking industry. For our industrial partners, we introduced enhanced rust protection with tailored solutions.”
Lele also highlighted the company’s strengthened presence in rural India, now reaching over 36,000 workshops and stores, as part of its vast network of more than 143,000 outlets nationwide. This broad reach helps millions of consumers trust Castrol for keeping their vehicles in top condition, and this trust drives the company’s ongoing innovation efforts.
Castrol India Limited has announced a final dividend of ₹9.5 per equity share for the financial year 2024. The dividend will be payable to shareholders whose names appear on the company’s register as of the record date, which is set for March 18, 2025.
The General Meeting to approve the final dividend will be held on March 25, 2025, and the dividend will be paid by April 23, 2025. This move reflects the company’s strong performance and commitment to delivering value to its shareholders.
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Published on: Feb 6, 2025, 12:05 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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