Castrol India Q4 net up 16.55pc

MUMBAI, April 27 (PTI): Automobile lubricant maker Castrol India Ltd Tuesday reported a jump of 16.55-per cent in its net profit at Rs 1.37 billion for the first quarter ended March 31, 2011. The company had a net profit of Rs 1.17 billion in the same period last year, Castrol India said in a filing to the Bombay Stock Exchange (BSE). Net sales of the company also increased to Rs 7.51 billion in the January-March quarter as against Rs 6.54 billion in the same period last year, it added. Shares of Castrol India were trading at Rs 483 in the late afternoon trade, up 0.61 per cent from the previous close on the BSE.