Castrol India Clocks 33.3% Growth In Net

Mumbai, January 27: | Updated: Jan 28 2003, 05:30am hrs
Castrol India Ltd has registered a 33.3 per cent increase in net profit of Rs 40.01 crore for the fourth quarter ended December 31, 2002 as compared to Rs 30.02 crore in the corresponding period previous fiscal. Net sales have decreased from Rs 315.22 crore to Rs 307.76 crore during the quarter ended December 31, 2002.

The company has posted a 41 per cent increase in net profit at Rs 152.89 crore for the year ended December 31, 2002 as compared to Rs 108.4 crore during the year ended December 31, 2001. Net sales have decreased from Rs 1164.45 crore to Rs 1152.91 crore during the year ended December

2002.