Castrol India Share Price Rise and Strong Q4 Results

Castrol India Share Price Climbs 9%, Reaches Two-Week High After Strong Q4 Results

Posted on February 4, 2025 by Niftynews

Castrol India share price surged by 9%, reaching ₹192.90 in early morning trading. This remarkable growth follows the company’s release of impressive Q4 CY24 and full-year financial results. The rise in Castrol India stock highlights the positive investor sentiment stemming from strong financial performance and growth prospects.

Castrol India Q4 Results and Full-Year Growth Impacting Castrol India Shares

In Q4 (October-December 2024), Castrol India shares saw a significant boost. The company posted 7% revenue growth, totaling ₹1,354 crore, compared to ₹1,264 crore in Q4 2023. The Profit Before Tax (PBT) for Q4 2024 stood at ₹371 crore, reflecting a 14% increase from ₹324 crore in the same period last year. The Profit After Tax (PAT) for Q4 2024 grew by 12%, reaching ₹271 crore, compared to ₹242 crore in Q4 2023.

For the full year (January–December 2024), Castrol India stock continued to perform well with a 6% increase in revenue, totaling ₹5,365 crore, up from ₹5,075 crore in 2023. The PBT for 2024 stood at ₹1,258 crore, a 6% rise from ₹1,181 crore in 2023. The PAT for the full year was ₹927 crore, showing a 7% growth compared to ₹864 crore in 2023.

Innovations Fueling Growth and Impacting Castrol India Share Price

The boost in Castrol India share price can be attributed to the company’s continued focus on product innovations and expanding its product portfolio. The Castrol EDGE range remained the preferred choice for high-performance vehicles, while the CRB TURBOMAX+ CK4 lubricant provided enhanced performance for India’s truck fleet. In addition, Castrol India advanced its industrial solutions, introducing rust protection products for diverse applications.

Expansion and Network Reach Driving Castrol India Shares Higher

The growth in Castrol India shares can also be linked to the company’s expanding presence across the country. Castrol India now serves more than 36,000 workshops and stores, as part of an extensive network of 143,000 outlets across India. This widespread network allows Castrol India stock to remain a dominant player in the lubricants industry.

Looking into 2025, Castrol India share price is expected to maintain its upward trend as the company plans to relaunch its flagship product ACTIV in the first quarter. Expanding its reach in rural India is also a key strategy, ensuring that more consumers in underserved areas can access Castrol India products, contributing to the sustained growth in Castrol India stock.

Impressive Growth in Castrol India Shares Since June 2022

Since June 2022, Castrol India shares have surged by 70%, rising from ₹112 to the current price of ₹190. This significant increase reflects the company’s strong performance, market resilience, and strategic innovations, making Castrol India stock an attractive choice for investors.

What’s Next for Castrol India Stock?

Looking ahead, Castrol India share price is expected to remain strong in 2025 as the company continues to focus on delivering high-quality products and services. With its extensive distribution network, including three blending plants, Castrol India stock is well-positioned to continue thriving in both the automotive and industrial sectors.

The company is also committed to introducing more affordable and accessible solutions, particularly in rural markets. As Castrol India shares continue to grow, the company’s customer-centric approach will drive further success.

Conclusion: Why Castrol India Shares Are a Solid Investment

The rise in Castrol India share price following the release of Q4 results and consistent full-year growth underscores the company’s stable performance and long-term potential. With a strong product pipeline, extensive distribution network, and commitment to innovation, Castrol India stock remains a top pick for investors looking for growth in the lubricants industry.

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