Gulf Oil Lubricants India PAT grows 20.8% to Rs 68.30 cr in June quarter
Lubes maker Gulf Oil Lubricants India on Thursday reported a 20.8 per cent growth in standalone Profit After Tax (PAT) at Rs 68.30 crore in the June quarter.
The Hinduja Group company had posted a standalone PAT of Rs 56.53 crore in the first quarter of the previous fiscal, according to a statement.
Net revenue for the quarter grew 14.90 per cent to Rs 811.71 crore.
The company said it achieved record revenues for the quarter in relatively challenging conditions in the after-market and the growth was led by the B2B and Infra segments as well as the OEM franchisee workshop (authorised service) channel.
