Castrol India (500870) Q1 2025 earnings summary

Executive summary

• Started FY 2025 with strong performance, reporting growth in revenue, profit, and volumes despite input cost and forex headwinds.

• Focused on product innovation, brand investment, and expanding distribution, especially in rural areas.

• Brand campaigns and partnerships, including with Shah Rukh Khan, drove significant consumer engagement.

• Unaudited financial results for the quarter ended 31 March 2025 were reviewed and approved by the Board on 28 April 2025.

• Financial statements prepared in accordance with Indian Accounting Standards and SEBI regulations.

Financial highlights

• Revenue from operations reached INR 1,422 crore, up 7% year-on-year from INR 1,325.24 crore.

• Profit after tax was INR 233.46 crore, up from INR 216.24 crore year-on-year.

• Profit before tax was INR 313 crore, up 7% year-on-year.

• Delivered over 63 million liters in volume for the quarter, representing 8% year-on-year growth.

• Earnings per share (EPS) for the quarter stood at ₹2.36, compared to ₹2.19 in Q1 2024.

Outlook and guidance

• Cautiously optimistic for the ongoing fiscal year, with continued focus on growth and execution excellence.

• Expecting cost of base oil to remain range-bound despite crude oil price fluctuations, with forex as a headwind.

• Anticipates continued growth in ICE-based two-wheelers for the next 8-10 years, with gradual EV impact.

• A final dividend of ₹9.5 per share (including a special dividend of ₹4.5) was approved and paid in April 2025.