Castrol India's Q1 profit rises on new product launches, resilient demand [Reuters]
BP p.l.c. (BP)
Last bp p.l.c. earnings: 4/29 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
bp.com/en/global/corporate/investors.html
Company Research
Source: Reuters
by new product launches and resilient demand for its automobile lubrication products. The company, in which oil major BP has a 51% stake, said profit after tax rose to 2.16 billion rupees (nearly $26 million) in the January-March quarter, from 2.03 billion rupees a year ago. A significant rise in sales of two-wheelers and passenger vehicles during the quarter along with steady demand from existing vehicles benefited Castrol, which derives more than 80% of its revenue from automobile lubricants. The company, which also manufactures industrial lubricants like turbine oils, said in a statement that the launch of new products significantly expanded its market share across segments. Revenue from operations grew 2.4% to 13.25 billion rupees, despite soft consumer demand initially in the quarter, Managing Director Sandeep Sangwan said. Total expenses grew 2.9%, as compared to a roughly 9% growth a year earlier, while the cost of raw materials and packing materials stayed flat in th
Show less
Read more
Impact Snapshot
Event Time:
BP
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BP alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BP alerts
High impacting BP p.l.c. news events
Weekly update
A roundup of the hottest topics
BP
News
- Exploring Top Dividend Stocks In India For May 2024 [Yahoo! Finance]Yahoo! Finance
- Watch These 3 Energy Stocks Leading the Green Transition [Yahoo! Finance]Yahoo! Finance
- Amoco Ultimate® with Invigorate® Can Take You Up To 300 Miles Farther per Year¹ [Yahoo! Finance]Yahoo! Finance
- Amoco Ultimate® with Invigorate® Can Take You Up To 300 Miles Farther per Year¹PR Newswire
- Turning Trash Into Treasure: These Energy Stocks Are Betting Big on Converting Garbage Into Gas (and Cash) [Yahoo! Finance]Yahoo! Finance
BP
Earnings
- 5/8/24 - Miss
BP
Sec Filings
- 5/17/24 - Form 6-K
- 5/16/24 - Form FWP
- 5/9/24 - Form 13F-HR
- BP's page on the SEC website