Castrol's Profit before Tax (PBT) for Q4 December 2019 stood at Rs 338.80 crore, down by 3.3% from Rs 328.10 crore reported in Q4 December 2018. Tax expenses declined 35.5% to Rs 69.90 crore in Q4 FY20 from Rs 108.40 crore posted in Q4 FY19.

Commenting on company's Q3 performance, Sandeep Sangwan, Managing Director, Castrol India said, “Focused investments in our people, brands, distribution network, customer acquisition and advocacy efforts have helped us deliver on our strategic priorities enabling us to grow profits in a difficult business environment. Castrol Activ, registered a record performance selling over 5 crore packs. We were able to grow margins through improved product mix, strong distribution and efficiency programme despite muted demand across sectors.”

The Board of Directors of the Company has also declared a final dividend of Rs 3 per equity share for Financial Year ended 31 December 2019.

Castrol India is engaged in providing coke and refined petroleum products. The firm is involved in manufacturing lubricating oils. The company operates through two segments: automotive and non-automotive.