Automobile lubricant maker Castrol India Ltd today reported a jump of 16.55 per cent in its net profit at Rs 136.6 crore for the first quarter ended March 31, 2011.

The company had a net profit of Rs 117.2 crore in the same period last year, Castrol India said in a filing to the Bombay Stock Exchange (BSE).

Net sales of the company also increased to Rs 750.7 crore in the January-March quarter as against Rs 654 crore in the same period last year, it added.

Shares of Castrol India were trading at Rs 483 in the late afternoon trade, up 0.61 per cent from the previous close on the BSE.