In their study, first author Palash Kumawat of the Geosciences Department at the University of Bremen and his colleagues used lipid biomarker analyses to decipher the survival strategies of the microbes in this harsh ecosystem. The high pH…
The UK Skilled Worker Visa Overhaul 2025 marks one of the most significant changes to the UK immigration and employment landscape in recent times. This sweeping reform commonly referred to as the UK Skilled Worker Visa Overhaul 2025 is especially…
Nov 4 (Reuters) – Engine oil maker Castrol India (CAST.NS), opens new tab posted a 9.8% rise in third-quarter profit on Tuesday, supported by steady demand for its automotive lubricants.
The company, majority-owned by oil major BP (BP.L), opens new tab, said profit after tax rose to 2.28 billion rupees ($25.9 million) in the July-September quarter, from 2.07 billion rupees a year ago.
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Castrol India supplies lubricants to India’s biggest auto manufacturers across segments, including Maruti Suzuki (MRTI.NS), opens new tab and Hero MotoCorp (HROM.NS), opens new tab.
India’s vehicle sales rose 6.1% year-on-year in the quarter through September, a key leading indicator for companies like Castrol, which derives about 80% of its revenue from the automotive segment.
India’s automotive engine oils market size is estimated at 1.12 billion liters in 2025, and is expected to reach 1.15 billion liters by 2030, according to a report by research firm Mordor Intelligence.
Two-wheeler sales climbed 7.4% during the quarter, while commercial vehicle sales advanced 8.3%, industry data showed.
Castrol India, which also makes industrial lubricants like turbine and hydraulic oils, said total revenue from operations grew 5.8% to 13.63 billion rupees in the quarter.
Total expenses grew 3.8% in the quarter, with heavyweight cost of raw and packing materials consumed growing 2.7%.
($1 = 87.8950 Indian rupees)
Reporting by Meenakshi Maidas in Bengaluru; Editing by Ronojoy Mazumdar
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WAGAH BORDER: Pakistan on Tuesday welcomed dozens of Sikh pilgrims from India, AFP journalists saw, in the first major crossing since deadly clashes in May closed the land border between the nuclear-armed…
Sandvik has secured first place in this year’s edition of Comprend’s Webranking – for the fourth consecutive year. Corporate governance, careers, share information, and sustainability are particularly strong areas.
Sweden’s 155 largest companies were included in this year’s Webranking by Comprend, where the average score was 46.7. Sandvik took the top spot with 86.6 points, ahead of Trelleborg (85.1) in second place and Pandox (78.7) in third.
“I’m extremely proud that we once again top the Swedish webranking, and we put a lot of effort into optimizing the digital experience for all visitors,” says Björn Roodzant, Head of Communications and Sustainability at Sandvik. “The award is proof of excellent work, but we are aware that we must continue to evolve and improve to maintain our leading position.”
Another confirmation of Sandvik’s high-quality website is a monthly survey conducted by the company Webperf. While the Webranking focuses on content, Webperf measures technical aspects such as accessibility, speed, web standards, and information security. Here, Sandvik has been best in class among all OMX 30 companies every month for almost two years (since December 2023).
World Health Organization, United Nations Children’s Fund. Avances En materia de Agua Para consumo, Saneamiento e higiene En Las escuelas: actualización de Los Datos de 2000 a 2021. Geneva: World Health Organization; 2022.