Castrol India Q3 Profit Falls 49% Sequentially
Castrol India reported a 7.3% quarter-on-quarter decline in revenue to ₹1,734.7 crore, from ₹1,871.5 crore, as higher raw material costs and adverse currency movements weighed on performance.
Castrol India reported a sequential decline in revenue and profitability for the third quarter, as rising raw material costs and adverse currency movements put pressure on its operating performance.The company's revenue fell 7.3% quarter-on-quarter (QoQ) to ₹1,734.7 crore from ₹1,871.5 crore in the…