Castrol India

Stonepeak Infrastructure Partners and Canada Pension Plan Investment Board (CPPIB) have announced an open offer to acquire a controlling stake in Castrol India, signaling a strategic push into the Indian lubricants market. The move reflects growing investor confidence in India’s industrial and automotive sectors, driven by robust demand for lubricants and value-added petroleum products. Analysts suggest that this acquisition could enhance operational synergies, improve market positioning, and unlock shareholder value.

Castrol India Ltd., a leading player in the automotive and industrial lubricants sector, reported a 5% year-on-year increase in net profit for the second quarter of calendar year 2025, reaching Rs. 244 crore. The growth was driven by robust operational efficiency, sustained volume momentum, and disciplined pricing strategy despite a dynamic input cost environment. With steady consumer demand and growing traction in the commercial vehicle and two-wheeler segments, the company maintained strong margins.

Castrol India Ltd. has announced the appointment of Mrinalini Srinivasan as its new Chief Financial Officer, effective July 28, 2025. With over 17 years of financial and strategic leadership experience at Procter & Gamble across diverse geographies, Srinivasan brings a wealth of cross-functional expertise to the lubricant major. She succeeds Deepesh Baxi, who stepped down in March 2025, and will work alongside interim CFO Vishal Thakkar to ensure a seamless transition.

In its first-quarter results for 2025, Castrol India posted an 8% increase in profit after tax (PAT), reaching Rs. 233 crore, up from Rs. 216 crore in the same period last year. The company also reported a 7% rise in revenue from operations, which stood at Rs. 1,422 crore compared to Rs. 1,325 crore in the first quarter of 2024. Despite facing challenges such as rising input costs and foreign exchange volatility, Castrol India remains optimistic about its ability to maintain growth through product innovation, market expansion, and strategic positioning, especially in rural markets.