Castrol India’s shares climbed considerably in as we speak’s buying and selling, reaching ₹187.75 with heavy buying and selling volumes of 198.20 lakh shares as of 1.10 PM. The surge follows the corporate’s announcement of a 12 per cent year-on-year enhance in web revenue to ₹271 crore for Q3 FY25.
The corporate reported income from operations at ₹1,354 crore for the quarter ending December 31, 2024, marking a 7 per cent enhance from ₹1,264 crore in the identical quarter final yr. Complete revenue rose to ₹1,377 crore, whereas bills grew by 5 per cent year-on-year to ₹1,006 crore.
The corporate declared a ultimate dividend of ₹9.5 per share, with March 18, 2025, set because the file date. Fee is scheduled on or earlier than April 23, 2025.
In administration adjustments, Nisha Trivedi will change Udayan Sen on the board following his resignation as Nominee Director from BP.
Managing Director Kedar Lele highlighted the corporate’s growth in rural India, now serving over 36,000 workshops inside a community of 143,000 retailers nationwide.
The corporate’s market capitalization stands at ₹18,595.50 crore, with a free float market cap of ₹9,062.59 crore. Present buying and selling reveals purchase portions at 8,41,976 shares towards promote portions of 13,59,607 shares.