Samco Securities
February 4, 2025 at 05:25 AM
Castrol Reports Strong Results; Stock Surges 6%🚀
In the Dec-24 quarter, Castrol India’s revenue and profit grew by 7.1% and 12.2%, respectively, on a YoY basis, and by 5.1% and 30.8% on a QoQ basis📈
Despite the reduction in the operating profit margin (OPM), the company has consistently improved its profitability each year due to revenue growth
However, in the Dec-24 quarter, the OPM increased sharply by 555 basis points over the previous quarter🔼
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