Gulf Oil Lubricants India reported an 82% increase in profit after tax (PAT) to Rs 55.33 crore in the June quarter over the same period last year. The lubes maker had posted a PAT of Rs 30.35 crore in the quarter ended on June 30, 2021.Revenue from operations during the quarter was up 69.26% at Rs 706.45 from Rs 706.46 crore in April-June 2021, the company said. Gulf Oil said all segments of business witnessed good growth led by the B2C segment, with demand conditions improving in most categories on the back of improved business environment. #ETNow #GulfOil #BusinessNews

Courtesy: Times Now News