Automotive and industrial lubricant manufacturer Castrol India on Tuesday reported a rise of 10.7 per cent in its net profit for the quarter ended December 31, 2016. The company informed the BSE that its net profit during the quarter under review increased to Rs 155.8 crore from Rs 140.8 crore. On the contrary, the automotive and industrial lubricant manufacturer reported a decline of 1.1 per cent in its net sales for the fourth quarter to Rs 782.2 crore from Rs 790.9 crore. For the financial year ended December 31, 2016, the company reported that its profit from operations was up by 12.2 per cent at Rs 959.9 crore, whilst net profit was higher by 9.7 per cent to Rs 674.9 crore.
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