'

Castrol India held a conference call on 31 July 2024 to discuss the results for the quarter ended June 2024 and way forward. Mr. Sandeep Sangwan, Managing Director and Mr. Deepesh Baxi, Chief Financial Officer and Whole time Director of the company addressed the call.

Highlights of the Concall

• Volume grew 6% to 61 million liters during Q1FY25. The company grew about 8-9% in commercial vehicle and the balance growth came from the personal mobility, which is cars and bikes.

• The company strong performance was driven by strategic brand and marketing investments, continued innovation in products and services along with sustained brand investments has also supported revenue growth.

• Potential stabilization of input costs in the later half of the year could signal a positive trend for the industry.

• The company has launched three new variants of Castrol EDGE for SUVs, hybrids and European vehicles, an on-demand performance pro...
  
  
  
  Pleaselogin & subscribe to view the full report.
  
  More Reports
  • 

    (05-Feb-2025)

    Castrol India

    Expects EBITDA margin of 22%-25% for CY25

  • 

    (10-Feb-2023)

    Deepak Nitrite

    Plans capex of about Rs 1500 crore for FY23 and FY24

  • 

    (09-Feb-2023)

    Mayur Uniquoters

    Targets revenue of Rs 1000 crore in FY24

  • 

    (31-Jan-2023)

    Tega industries

    Capex plan is US$ 30-32 million for next three years