The Hindu Business Line : Gulf Oil posts Rs 200 crore turnover in H1

GULF Oil Corporation has recorded a turnover of Rs 200.68 crore in the first half-year ending September, registering an increase of 12.84 per cent than in the previous year.

The company has also posted a net profit of Rs 12.25 crore in the first half-year, according to a press release issued here.

During the first quarter period ended June this year, Gulf Oil recorded a turnover of Rs 105.93 crore and a net profit of Rs 6.34 crore. For the year ended March this year, it recorded a turnover of Rs 406 crore and a net profit of Rs 22.91 crore, the release said.

Mr S. Vishwanathan, General Manager, South, said the company has introduced an array of car care products, which are directly imported from Gulf South East Europe. The range comprises dashboard polish, glass and crystal cleaner, multi-functional fluid and multi-purpose grease for rotating surfaces.

The company recently ventured into a programme for automobile maintenance and servicing with a nationwide network of branded auto workshops. The company selectively identified and entered into agreements with reputed workshops meetings Gulf standards of quality and customer service for offering round-the-clock world-class preventive maintenance and service schedule for cars.

Called GAMS (Gulf authorised mechanic services), these well equipped and high-standard workshops will spread across cities and highways throughout the country, he said.

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