Mumbai, Oct. 24 -- Castrol India has announced results for the third quarter and for the first nine months of 2019. Profit from Operations up by six percent at Rs 226 crore in Q3 and up by seven percent at Rs 760 crore in Jan-Sept, 2019 period compared to the same period in the previous year. Profit after tax up by 25 percent at Rs 188 crore in the third quarter and up by 12 percent at Rs 556 crore in nine months.

"Our 3Q 2019 result underlines a resilient performance despite an extremely challenging environment with declining industrial production levels and muted consumer offtake. Our sustained efforts on our strategic drivers including product mix improvement and rigorous efficiency programmes helped us to successfully manage the short-...