Castrol India will hold a meeting of the Board of Directors of the Company on 30 July 2024.Powered by Capital Market - Live News

The Board of Castrol India at its meeting held on 11 June 2024 has approved the appointment of Satyavati Berera as Additional Director of the company with effect from 01 October 2024. The Board has accepted the cessation of Nicola Buck as Nominee Director of the Company with effect from close of business hours on 11 June 2024 following her movement to another role within bp. Powered by Capital Market - Live News

Castro India announced the appointment of Kedar Lele as an Additional Director and Managing Director of the Company with effect from 1 November 2024, for a period of 5 years. He replaces Sandeep Sangwan who will relinquish his office as Managing Director of the Company with effect from close of business hours on 31 October 2024 to pursue another role within bp. Powered by Capital Market - Live News

Castrol India today unveiled a new range of products within the Castrol EDGE line. This premium and advanced engine oil, designed for on demand performance, now includes three new variants tailored for the passenger car segment, addressing the evolving needs of automotive consumers. The all-new Castrol EDGE is formulated to deliver at least 30% improved performance versus tough industry limits. Designed and tested to meet latest OEM specifications, the entire range with PowerBoost Technology& trade; gives drivers the confidence to demand more power and acceleration, when they need it the most. The launch includes EDGE Hybrid specially formulated for Hybrid engine, EDGE Euro Car targeting leading EURO OEMS like Audi, BMW, Mercedes, Jaguar, Land Rover, Volkswagen, Skoda, and Porsche, and EDGE SUV for high performance and premium SUVs.Powered by Capital Market - Live News

Net profit of Castrol India rose 6.79% to Rs 216.24 crore in the quarter ended March 2024 as against Rs 202.50 crore during the previous quarter ended March 2023. Sales rose 2.42% to Rs 1325.24 crore in the quarter ended March 2024 as against Rs 1293.89 crore during the previous quarter ended March 2023. ParticularsQuarter Ended�Mar. 2024Mar. 2023% Var. Sales1325.241293.89 2 OPM %22.1722.45 - PBDT315.76310.99 2 PBT292.05288.26 1 NP216.24202.50 7 Powered by Capital Market - Live News