Castrol India (500870) Q1 2025 earnings summary

Executive summary

• Revenue from operations reached INR 1,422 crore in Q1 2025, up from INR 1,325.24 crore in Q1 2024, marking a 7% year-over-year increase.

• Profit after tax for the quarter was INR 233 crore, up from INR 216.24 crore last year, an 8% increase.

• Volume grew 8% year-over-year, led by double-digit growth in commercial vehicles and cars, and high single-digit growth in two-wheelers.

• Expansion in rural markets and product innovation, including relaunches and new partnerships, contributed to growth.

• Unaudited financial results for the quarter ended 31 March 2025 were reviewed and approved by the Board on 28 April 2025.

Financial highlights

• Revenue from operations: INR 1,422 crore, up 7% year-over-year.

• Profit before tax: INR 313 crore, up 7% year-over-year.

• Profit after tax: INR 233 crore, up 8% year-over-year.

• Earnings per share (EPS) for the quarter stood at INR 2.36, compared to INR 2.19 in Q1 2024.

• Delivered over 63 million liters in volume for the quarter.

Outlook and guidance

• Cautiously optimistic for the ongoing fiscal year, with continued focus on growth and execution excellence.

• Expectation of range-bound base oil costs despite crude oil price fluctuations, with forex presenting a headwind.

• Continued investment in brand and distribution to drive future growth.

• A final dividend of INR 9.5 per share (including a special dividend of INR 4.5) was approved and paid in April 2025.