Castrol India keeps 21-24% EBITDA margin guidance despite cost pressure
In short
Castrol India says it still expects an EBITDA margin of 21% to 24% even though raw material costs have risen sharply. The company says price increases and cost control are helping, and industrial lubricants are still growing in double digits.
This suggests the company is trying to protect profit even with higher costs. The report does not say how much raw material prices rose or if revenue guidance changed.
What the reporting says
Castrol India said it expects to maintain its 21-24% EBITDA margin despite sharp raw material inflation. MD Saugata Basuray said the company is relying on pricing actions and cost controls, while industrial lubricants continue to deliver double-digit volume growth. The reporting does not state the size of the cost surge or whether full-year revenue guidance changed.
Why it matters
Castrol India said it will keep its 21-24% EBITDA margin guidance despite sharp raw material inflation, supported by pricing actions and cost controls. The company also said industrial lubricants are posting double-digit volume growth. The update matters for margins and operating performance in the lubricants business, but the reporting does not quantify the input cost surge or any change to revenue outlook.