Castrol India Reports 7% Revenue Growth in Q1 2025 Amid Market Challenges

Castrol India Limited announced a 7% year-on-year increase in revenue for the first quarter of 2025, reaching ₹1,422 crore compared to ₹1,325 crore in the same period last year. The company's profit after tax grew by 8% to ₹233 crore, according to results released on Monday.

The lubricant manufacturer, which follows a January-December financial year, also reported a profit before tax of ₹313 crore, up 7% from the previous year's ₹292 crore. Compared to the immediately preceding quarter, the company's revenue increased by 5% from ₹1,354 crore.

"We have made a steady start to the year, delivering growth in both revenue and profitability despite a challenging external environment," said Kedar Lele, Managing Director of Castrol India Limited. "Our focus on product innovation, portfolio expansion, and deeper market penetration continues to fuel consistent momentum."

Lele attributed the quarter's performance partly to the successful relaunch of Castrol Activ, the company's flagship two-wheeler engine oil brand, and increased traction in rural markets. The relaunch featured a marketing campaign with actor Shah Rukh Khan that reportedly reached over 220 million consumers.

During the quarter, Castrol India expanded its national distribution network to approximately 148,000 outlets across India. The company also signed a supply agreement with motorcycle manufacturer Triumph for its Castrol POWER1 engine oil and continued to grow its auto care products across 60,000 outlets and e-commerce platforms.

The industrial segment saw growth with the expansion of its Condition Monitoring Services business and participation in IMTEX 2025, an industrial manufacturing technology exhibition. The company's recently launched range of rust-prevention products gained traction in the tube industry.

Castrol India received several recognitions during the quarter, including a Gold ESG Global Award for its Patalganga plant and 11 EMVIE medals for its marketing campaigns.

Part of the bp group, Castrol India has operated in the country for 115 years. The company manufactures and markets lubricants for various sectors including automotive, mining, machinery, and wind energy. It operates three blending plants in India and has been working to strengthen its position in the lubricant market amid increasing competition and rising input costs.

While the company expressed confidence in its growth strategy, it acknowledged ongoing challenges including increasing raw material prices and foreign exchange volatility that could impact future performance.