Castrol India, one of the country’s leading automotive lubricant brands, has reported a solid start to FY25 with a net profit of ₹2.33 billion for Q1—an 8% increase from the same period last year. The profit growth was matched by a 7.3% rise in revenue, which touched ₹14.22 billion, reflecting strong operational performance.
The engine behind this growth? A surge in engine oil demand, particularly in the booming SUV segment—India’s most preferred car category. Castrol also saw strong traction in rural markets, where its products are gaining deeper penetration. A major contributor to its Q1 success was the relaunch of Castrol Activ, which boosted volume growth and customer engagement.
Despite global headwinds and the gradual rise of electric vehicles (EVs), Castrol India remains in a sweet spot. EV penetration in India still hovers at just 2.5% in cars and 5% in two-wheelers, meaning traditional lubricants remain critical. The company continues to leverage this slow shift by reinforcing its product positioning and expanding distribution.
Investor sentiment remains positive, with Castrol India’s share price rising 3.2% ahead of the results. Backed by solid fundamentals, brand trust, and consistent market expansion, Castrol appears poised for continued momentum in FY25.