Castrol India Limited has announced strong financial results for the second quarter (Q2) and first half (H1), showcasing resilient performance amidst a complex macroeconomic environment.

Q2 Highlights

• Revenue from operations increased by 7% year-over-year to ₹1,497.00 crore
• EBITDA rose 8% to ₹349.00 crore
• Profit After Tax (PAT) grew 5% to ₹244.00 crore

H1 Performance

• Revenue from operations reached ₹2,919.00 crore, up 7% compared to H1 of previous year
• EBITDA climbed 7% to ₹657.00 crore
• PAT improved by 6.5% to ₹477.00 crore

The Board of Directors has declared an interim dividend of ₹3.50 per share, payable on or before September 3.

Strategic Initiatives and Growth Drivers

Kedar Lele, Managing Director of Castrol India Limited, attributed the company's performance to several key factors:

1. Rural Market Expansion: Consistent double-digit growth in rural India, supported by portfolio expansion and increased physical presence.

2. Industrial Sector Growth: Launch of new products like the Rustilo (DW 800) range of rust preventives, serving over 100 customers in automotive, bearings, tube, and metal manufacturing sectors.

3. Distribution Network Enhancement: Presence in over 160,000 outlets, including 32,000+ bike points and 11,000+ multi-brand car workshops.

4. Digital Transformation: Implementation of a distributor management system (DMS) across distributors and rural Castrol sub-distributors.

5. Mechanic Advocacy: The FastScan app, Castrol's mechanic connect platform, now boasts over a million users with more than 200,000 daily transactions.

6. Brand Strengthening: Successful campaigns like '#GarmiMeinBhi3xProtection' for Castrol Activ, reaching over 258 million consumers.

7. Sustainability Initiatives: Introduction of India's first RRBO-based engine oils for BS-IV vehicles, in collaboration with a leading automobile manufacturer.

Looking Ahead

Lele expressed optimism about the company's future, particularly in the industrial sector, citing new customer acquisitions, stronger momentum, and an increase in locally-made products. The company plans to continue strengthening its rural strategy in the coming months.

Recognition

Castrol India's efforts in various areas have been acknowledged:

• The Patalganga plant received the Golden Peacock Award for Occupational Health and Safety
• The company's Annual Report won Platinum at the LACP Spotlight Awards

As Castrol India continues to navigate the evolving market landscape, its focus on innovation, sustainability, and strategic growth initiatives positions it well for continued success in the lubricant industry.

Castrol India Limited (NSE: CASTROLIND, BSE: 500870) has taken a significant leap in the automotive lubricant industry by launching an upgraded version of its MAGNATEC engine oil range that meets the latest global API SQ standards. This move positions Castrol India at the forefront of innovation in the passenger car lubrication sector.

Cutting-Edge Technology Made in India

The newly launched MAGNATEC engine oil range is not just meeting global standards but is also being produced locally in India. This aligns with the company's commitment to the 'Made in India, for India' initiative, demonstrating Castrol's ability to bring cutting-edge global technology to the Indian market swiftly.

Features of the Upgraded MAGNATEC Range

The new Castrol MAGNATEC engine oil offers several enhanced features:

• Stronger wear protection for modern engines
• Improved fuel efficiency
• Enhanced defense for catalytic converters
• Compatibility with India's E20 fuel environment

Availability and Specifications

The upgraded range will be available in popular viscosities – 0W-20, 5W-30, and 5W-40 – meeting API SQ and ACEA C2 or C3 standards. Castrol India plans to roll out the new MAGNATEC range across retail outlets and workshops nationwide in the coming weeks.

Industry Leadership

Saugata Basuray, Wholetime Director of Castrol India, emphasized the significance of this launch: "With the new Castrol MAGNATEC range meeting API SQ standards, we are giving Indian drivers exactly that—a world-class product, made in India, and made for India. From start-up protection to long-term reliability, this is another first from Castrol, bringing a global innovation to Indian roads almost immediately after its launch worldwide."

API SQ Standard

The API SQ standard, introduced globally in April 2025, represents the most advanced engine oil specification by the American Petroleum Institute. Castrol India's quick adoption of this standard showcases the company's commitment to providing Indian consumers with the latest in lubricant technology.

This product launch represents a significant step for Castrol India in aligning with enhanced international quality specifications for engine oils, reinforcing its position as a leader in the automotive lubricant industry.

Investors and consumers alike may want to keep an eye on how this new product line impacts Castrol India's market position and financial performance in the coming quarters.