Castrol India announced a decline in standalone net profit for the quarter ended September 2016. During the quarter, the profit of the company declined 2.37% to Rs 1,398.00 million from Rs 1,432.00 million in the same quarter previous year.
Revenues for the quarter declined marginally 2.88% to Rs 7,617.00 million, compared with Rs 7,843.00 million for the prior year period.
Operating margin for the quarter stood at 2.80 percent as compared to 2.75 percent for the previous year period. Operating Income for the quarter was Rs 212.90 million, compared with Rs 215.9 million in the previous year period.
Earnings per share for the quarter stood at Rs 2.83, registering 2.41% decline over previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 16 | Sep - 15 | %Change |
| Revenues | 7,617.00 | 7,843.00 | (2.88) |
| Net Profit | 1,398.00 | 1,432.00 | (2.37) |
| Diluted EPS | 2.83 | 2.90 | (2.41) |
Shares of the company declined Rs 12.65, or 2.69%, to settle at Rs 457.50. The total volume of shares traded was 90,644 at the BSE (Thursday).
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