Castrol India (CSTRL)'s CY20 performance remained largely unhindered by declining IIP levels and muted customer off-take, with the company delivering a resilient performance for the year. Here are the key insights from CSTRL's CY20 Annual Report: CSTRL's gross profit declined 19% in CY20 (v/s CY19) due to lower volumes, weighed by disruptions caused by the pandemic and economic slowdown. Operating and other expenses fell by INR600m in CY20, driven by the company's...