Castrol India Q3 profit dips 10% but revenue hits 20-year high

Castrol India reported a 9.9% year-on-year decline in its net profit for the third quarter, which stood at Rs 244 crore. However, the company achieved its highest quarterly revenue in two decades at Rs 1,440 crore, marking 6.4% growth. For the full financial year 2025, the company delivered its highest-ever annual revenue of Rs 5,722 crore. Alongside the results, the company announced a final dividend of Rs 5.25 per share.

Key Points: Castrol India Q3 profit down 10%, revenue at 20-year peak

  • Q3 net profit down 9.9%
  • Revenue hits 20-year quarterly high
  • Full-year revenue at record Rs 5,722 crore
  • Final dividend of Rs 5.25 per share announced
  • Volume growth of 8% in Q3
2 min read

Lubricant maker Castrol India logs 10 pc decline in Q3 net profit

Castrol India's Q3 net profit fell 9.9% to Rs 244 crore, but quarterly revenue hit a 20-year high of Rs 1,440 crore. Full-year revenue reached a record.

"As Castrol globally enters its next phase, our approach in India remains unchanged... - Saugata Basuray"

Mumbai, Feb 3

Castrol India Limited on Tuesday reported a 9.9 per cent decline in its net profit for the third quarter of the current financial year, even as the company posted its highest quarterly revenue in the last two decades.

The lubricant maker said its net profit for the October-December quarter stood at Rs 244 crore, which was 9.9 per cent lower compared to Rs 271 crore in the same period last financial year (Q3 FY25).

However, revenue from operations rose by 6.4 per cent year-on-year to Rs 1,440 crore from Rs 1,354 crore -- making it the company's strongest quarterly revenue performance in 20 years.

The company's EBITDA, a key measure of operating performance, came in at Rs 368.5 crore, slightly lower than Rs 376.4 crore reported a year ago.

The EBITDA margin also slipped to 25.6 per cent from 27.8 per cent in the corresponding quarter last financial year, as per its regulatory filing.

Despite the pressure on margins, Castrol India recorded an 8 per cent rise in volumes during the quarter.

For the full financial year 2025, Castrol India delivered its highest-ever revenue, marking the eighth straight quarter of growth.

Revenue from operations for the year increased by 7 per cent to Rs 5,722 crore, while EBITDA grew 5 per cent to Rs 1,348 crore.

Along with its results, the company announced a final dividend of Rs 5.25 per share for FY25.

This is in addition to the interim dividend already paid, taking the total dividend for the year to Rs 8.75 per share.

The record date for the final dividend has been set as March 23, 2026, and the payment will be made on or before April 27, 2026, subject to shareholder approval at the upcoming annual general meeting.

Commenting on the performance, Saugata Basuray, Interim Chief Executive Officer of Castrol India, said the company had delivered strong volume-led growth over the past eight quarters and improved its market share.

"As Castrol globally enters its next phase, our approach in India remains unchanged -- grow the business by staying close to customers, proactively respond to changes in the operating environment, and execute with discipline," Basuray added.

- IANS

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Reader Comments

S
Shreya B
Volume growth of 8% is the key takeaway here. In today's economy, if you're selling more, you're doing something right. The profit dip might be due to raw material costs or maybe more spending on marketing. Long-term, the strategy seems sound. 👍
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Aman W
As a small investor, I'm happy with the dividend announcement. Rs 8.75 total for the year is decent. The record date is far away though (March 2026!). Have to keep an eye on that AGM for approval.
P
Priya S
Highest revenue in two decades is a big achievement, especially when the automotive sector has had its ups and downs. Castrol is a trusted brand in India for a reason. Hope they can manage their costs better to improve that EBITDA margin next quarter.
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David E
The numbers tell a mixed story. To have a declining profit margin on rising revenue suggests inefficiency somewhere. The management's comment about "executing with discipline" feels a bit generic given the margin slip. They need a clearer plan to address costs.
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Karthik V
My father has been using Castrol in his scooter for 30 years. Brand loyalty is strong. This volume growth shows that. Even with cheaper options, people prefer quality for their vehicles. That's the real strength.

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