Gulf Oil Lubricants India Ltd

While EBITDA improved by 7.80% to Rs 132.46 crore, EBITDA margin declined by 33 basis points YoY to 13.02% in Q3 FY26. Profit before tax in Q3 FY26 stood at Rs 102.10 crore, down by 20.89% from Rs 129.06 crore recorded in Q3 FY25. Ravi Chewla, managing director & CEO, Gulf Oil Lubricants India, commented: Demand and sales picked up in the second half of the quarter post the prolonged monsoon and festivities. Overall lubricants volume grew by 8%, clearly outperforming industry growth by 2x, supported by double-digit growth in key segments of 82C led by Passenger Car Motor Oil (PCMO) & Agri and across B2B segments. The OEM Franchise Workshops (FWS) business delivered high double-digit growth, driven by strong momentum from existing partnerships. Growth was broad-based across categories, with PCMO registering high double-digit growth, while the Agri segment also recorded good double-digit increase. We expect overall demand momentum to continue in the coming quarter, enabling us to close the year on a strong note. GST rationalisation for ICE vehicles has improved the affordability providing a renewed sense of optimism among the consumer, creating additional growth opportunities. Continued focus on rural and agri markets will remain a key driver in sustaining growth trajectory. In addition, our EV subsidiary Tirex is charging ahead, acquiring new marquee customers and delivering strong financial performance. The business is on track to close the year in line with the expectations and remains well aligned with our long-term strategy to scale and strengthen the EV segment as a core pillar for us. Tirex closed Q3 with top-line growth of 83%, while delivering 78% growth over the nine-month period.' Gulf Oil Lubricants India (GOLIL), part of the Hinduja Group and Gulf Oil International, is a leading player in India's lubricant market offering a comprehensive product portfolio in automotive and industrial lubricants. The scrip rose 1.33% to currently trade at Rs 1181.60 on the BSE. Powered by Capital Market - Live

Gulf Oil Lubricants India has fixed 13 February 2026 as record date to determine the eligible shareholders entitled for interim dividend of Rs 21 per equity share of face value of Rs 2 each for the financial year 2025-26. Powered by Capital Market - Live

Gulf Oil Lubricants India announced that the Board of Directors of the Company at its meeting held on 9 February 2026, inter alia, have recommended the interim dividend of Rs 21 per equity Share (i.e. 1050%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Gulf Oil Lubricants India declined 21.93% to Rs 76.44 crore in the quarter ended December 2025 as against Rs 97.91 crore during the previous quarter ended December 2024. Sales rose 10.56% to Rs 1017.55 crore in the quarter ended December 2025 as against Rs 920.40 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1017.55920.40 11 OPM %13.0213.31 - PBDT142.66142.32 0 PBT124.88129.06 -3 NP76.4497.91 -22 Powered by Capital Market - Live

Gulf Oil Lubricants India will hold a meeting of the Board of Directors of the Company on 9 February 2026.Powered by Capital Market - Live

On a consolidated basis, the company's net profit rose 3.2% to Rs 87.13 crore on a 12.7% increase in revenue from operations to Rs 956.78 crore in Q2 FY26 over Q2 FY25. Profit before tax (PBT) grew 3.2% year on year to Rs 117.02 crore during the quarter ended September 2025. EBITDA improved 9.4% to Rs 117.51 crore in Q2 FY26 from Rs 107.38 crore posted in the same period last year, reflecting better operational efficiency and product mix. Ravi Chawla, Managing Director & CEO, said, 'The company delivered a steady performance despite uneven monsoon conditions, achieving lubricant volume growth 2'3x the industry rate and double-digit revenue growth. He highlighted robust traction in the B2C, B2B, and OEM segments, with the latter recording its highest-ever quarterly volume. The EV charger subsidiary, Tirex, posted 75% revenue growth in H1, driven by new customer wins and expansion from existing clients. He added that the company continues to make progress under its 'Unlock 2.0' strategy, focusing on premium products, execution excellence, and long-term value creation.' Meanwhile, Gulf Oil acquired an additional 14% stake in Tirex Transmission, increasing its total holding to 65%, with an investment outlay of around Rs 38 crore. Tirex reported a 75% revenue growth in H1 FY26 with a topline of Rs 42 crore, reflecting strong demand and new marquee client additions. The strategic move underscores Gulf Oil's confidence in Tirex's long-term potential and strengthens its position in the EV charging and e-mobility ecosystem. Gulf Oil Lubricants India (GOLIL) is part of the transnational conglomerate Hinduja Group. GOLIL sells its lubricant products under the Gulf brand, with sales largely to the automotive sector along with industrial users. Shares of Gulf Oil Lubricants India declined 3.36% to Rs 1,222.90 on the BSE.Powered by Capital Market - Live

Net profit of Gulf Oil Lubricants India rose 2.21% to Rs 85.56 crore in the quarter ended September 2025 as against Rs 83.71 crore during the previous quarter ended September 2024. Sales rose 11.90% to Rs 966.77 crore in the quarter ended September 2025 as against Rs 863.98 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales966.77863.98 12 OPM %12.1412.43 - PBDT129.54124.59 4 PBT113.22111.44 2 NP85.5683.71 2 Powered by Capital Market - Live

Gulf Oil Lubricants India will hold a meeting of the Board of Directors of the Company on 5 November 2025.Powered by Capital Market - Live

Gulf Oil Lubricants India announced that the Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

Net profit of Gulf Oil Lubricants India rose 11.44% to Rs 95.88 crore in the quarter ended June 2025 as against Rs 86.04 crore during the previous quarter ended June 2024. Sales rose 13.69% to Rs 1016.45 crore in the quarter ended June 2025 as against Rs 894.04 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales1016.45894.04 14 OPM %12.5312.69 - PBDT143.93126.96 13 PBT127.78113.76 12 NP95.8886.04 11 Powered by Capital Market - Live