Castrol India Reports Strong Q3 Growth Driven by Robust Automotive Lubricant Demand

Castrol India has recorded a solid rise in third-quarter profits, supported by the steady and growing demand for automotive lubricants across India’s rapidly expanding automobile industry.

The company’s performance highlights strong market fundamentals, efficient cost management, and renewed momentum in vehicle sales.

Castrol India, a leading engine oil and lubricant manufacturer, reported a 9.8% increase in its profit for the July–September quarter, reflecting continued growth in its automotive business.

The company’s profit after tax rose to 2.28 billion rupees, compared to 2.07 billion rupees in the same quarter last year. This performance showcases Castrol India’s resilience and its ability to adapt to evolving consumer and market trends.

As a majority-owned subsidiary of BP, Castrol India has established itself as one of the most trusted brands in the automotive lubricant sector.

It supplies engine oils and lubricants to leading automobile manufacturers such as Maruti Suzuki and Hero MotoCorp, serving a wide range of vehicles from two-wheelers to commercial fleets.

The company continues to strengthen its position through innovation, customer partnerships, and high-quality products that meet diverse engine performance needs.

India’s vehicle market, which grew by 6.1% year-on-year during the quarter, provided a significant boost to Castrol’s operations. With over 80% of the company’s revenue derived from the automotive segment, the increase in vehicle sales directly supported higher lubricant consumption.

Two-wheeler sales climbed 7.4%, while commercial vehicle sales grew 8.3%, reflecting strong consumer confidence and business activity in the transportation sector.

Castrol India’s total revenue from operations increased by 5.8% to 13.63 billion rupees, supported by growing demand for both automotive and industrial lubricants.

The company’s industrial product line includes turbine oils, hydraulic fluids, and other high-performance lubricants used in heavy machinery and industrial applications.

These segments continue to show promising potential as India’s infrastructure and manufacturing sectors expand.

Despite rising operational costs, Castrol India effectively managed its expenses. Total costs rose by only 3.8% during the quarter, with the cost of raw and packaging materials increasing by just 2.7%.

This demonstrates the company’s ability to maintain profitability through efficient resource utilization and cost optimization strategies.

The Indian automotive lubricants market is projected to grow from 1.12 billion liters in 2025 to 1.15 billion liters by 2030, according to Mordor Intelligence.

This expansion will be driven by increased vehicle ownership, improved road connectivity, and the rising use of high-performance synthetic lubricants.

As a key player in this market, Castrol India is well-positioned to leverage these trends through continued innovation and customer-focused solutions.

In addition to its strong financial performance, Castrol India remains committed to sustainability and technology-driven growth. The company continues to explore new lubricant technologies that improve fuel efficiency, reduce carbon emissions, and enhance engine performance.

Its focus on research and development ensures that customers receive cutting-edge products tailored to modern mobility needs.

Industry experts see Castrol India’s third-quarter results as a reflection of its long-term strength and adaptability in a competitive market.

The company’s ability to balance growth, sustainability, and profitability reaffirms its leadership position in the lubricant industry.

As India’s automotive and industrial sectors continue to expand, Castrol India is expected to play a pivotal role in supporting the nation’s mobility and manufacturing ecosystem.