Gulf Oil registers jump in margins - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Gulf Oil registers jump in margins

Oct 21, 1999

The company has recorded a 70 basis points jump in margins. This has been achieved mainly due to lower costs, which led to better operating margins. The marginal increase in interest expenditure and the decline in corporate tax also helped achieve better margins.

(Rs m) 2QFY2000 2QFY1999 Change
Net Sales 675 670 0.8%
Other Income 2 1 47.3%
Expenditure 609 608 0.1%
Interest 17 17 1.0%
Depreciation 7 6 2.0%
Profit before Tax 44 40 11.6%
Tax 1 2 -17.6%
Profit after Tax 43 38 12.9%
Net profit margin 6.4% 5.7%  

Equitymaster requests your view! Post a comment on "Gulf Oil registers jump in margins". Click here!


More Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

A Critical Update on the Market (Fast Profits Daily)

Mar 30, 2021

In this video, I'll tell you why I am recommending caution in the market at this time.

My Recent Recommendation Will Profit from the Global Supply Chain Crisis (Profit Hunter)

Mar 31, 2021

A tiny chemical company, started in the Licence Raj era, is a great example of a new wealth creating opportunity.

My Stock Trading Strategy (Fast Profits Daily)

Mar 31, 2021

In this video I'll show you exactly how I go about picking stocks for trading.

What You Need to Find Hundred Baggers (Profit Hunter)

Mar 30, 2021

100 baggers of the last decade share this common trait. Here's how to use it to nail future multibaggers.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms