Castrol India 2nd Quarter Net Profit INR1.50 Bln; Up 17%

15th Jul 2010 11:57

MUMBAI (Dow Jones)--Lubricant company Castrol India Ltd. (500870.BY) said Thursday its net profit for the fiscal second quarter rose 17%, helped by higher sales of its products. Castrol India said its net profit for the April-June period rose to INR1.50 billion, from INR1.28 billion a year earlier. Sales for the quarter rose to INR7.44 billion from INR6.38 billion, the company said in a filing with the Bombay Stock Exchange. The company said total expenses rose 17% to INR5.25 billion from INR4.49 billion a year earlier. -By Eric Yep, Dow Jones Newswires; 91-22-6145-6110; [email protected] (END) Dow Jones Newswires July 15, 2010 06:57 ET (10:57 GMT)