Gulf Oil Lubricants India Reports Rs 85.59 Crore Profit for March Quarter

Gulf Oil Lubricants India, part of the Hinduja Group, announced a 3.46% decrease in profit for the March quarter to Rs 85.59 crore. Despite this, revenue rose by 10.76% compared to the previous year. The company achieved record quarterly volumes, driven by demand and strategic agility.

Gulf Oil Lubricants India, a firm under the Hinduja Group, reported a 3.46% reduction in its consolidated profit after tax for the March quarter, amounting to Rs 85.59 crore, compared to Rs 92.80 crore in the corresponding period of the prior fiscal year.

The company's revenue from operations increased by 10.76% in the fourth quarter, reaching Rs 1,055.26 crore, up from Rs 952.74 crore in the same quarter the year before. According to Ravi Chawla, Managing Director and CEO, the quarter marked record highs for volumes and revenue, spurred by customer demand and agile business strategies. Overall revenue and volume showed double-digit growth, significantly surpassing industry trends, especially in segments like Passenger Car Motor Oils and Commercial Vehicle Oils.

Over the fiscal year FY26, consolidated profit fell 3.51% to Rs 344.85 crore from Rs 357.39 crore in FY25. However, revenue rose to Rs 4,057.04 crore, up from Rs 3,631.16 crore the previous year. Chawla noted that FY26 was a year of momentum despite geopolitical challenges, achieving a landmark with revenues exceeding Rs 4,000 crore.