Castrol India Third Quarter 2024 Earnings: EPS: ₹2.10 (vs ₹1.97 in 3Q 2023)

Castrol India (NSE:CASTROLIND) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₹13.1b (up 11% from 3Q 2023).
• Net income: ₹2.07b (up 6.7% from 3Q 2023).
• Profit margin: 16% (in line with 3Q 2023).
• EPS: ₹2.10 (up from ₹1.97 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Castrol India Earnings Insights

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Chemicals industry in India.

Performance of the Indian Chemicals industry.

The company's shares are down 8.0% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Castrol India's balance sheet.

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