Castrol India Falls 2% On Weak Q3CY26 Results; Raw Material Prices Have Risen 60%: Mgmt
CNBC-TV18 · 26 Oct 2026 · 5 min
Management interview of Castrol India Ltd (CASTROLIND), with 7 key numbers discussed.
- Saugata Basu Ray, MD, Castrol India
Castrol India posted a 27% revenue growth in the quarter amidst raw material price surges of almost 60% and currency headwinds. Managing Director Saugata Basu Ray noted that rural and industrial segments grew faster than the market, with industrial volume recording double-digit growth. The company maintains its guidance band of 21% to 24% EBITDA margin despite short-term volatility. Management remains cautious for the October-December quarter, pledging further pricing and cost control actions if inflation persists.