Castrol India FY10 net profit up 29% yoy

The net profit of the company rose by 31.06% to Rs105.90 crore for the quarter ended December 31, 2010 as compared to Rs80.80 crore for the quarter ended December 31, 2009.Total income increased by 14.83% to Rs706.80 crore for the quarter ended December 31, 2010 from Rs615.50 crore for the quarter ended December 31, 2009

The net profit of the company up by 28.65% to Rs490.30 crore for the year ended December 31, 2010 as compared to Rs381.10 crore for the year ended December 31, 2009.Total income increased by 17.84% to Rs2,774.20 crore for the year ended December 31, 2010 from Rs2,354.30 crore for the year ended December 31, 2009.Further, the board of directors of the company at its meeting held on February 22, 2011, has decided to pay a final Dividend of Rs8 per equity share for the year ended December 31, 2010