Mumbai, April 29 -- Profit before tax in Q1 CY25 stood at Rs 312.72 crore, up by 7.08% from Rs 292.05 crore in Q1 CY24.

Total expense jumped 7.96% year on year to Rs 1,141.52 crore during the quarter. Employee benefits expense was at Rs 67.50 crore (down 12.43% YoY), while other expenses stood at Rs 308.42 crore (up 16.92% YoY) during the period under review.

Kedar Lele, managing director, Castrol India, said, "We have made a steady start to the year, delivering growth in both revenue and profitability despite a challenging external environment. Our focus on product innovation, portfolio expansion, and deeper market penetration continues to fuel consistent momentum. The successful relaunch of Castrol Activ and continued traction in rura...