Gulf Oil Lubricants India Sees Profit Surge 31.9%

Gulf Oil Lubricants India commenced FY27 with robust performance in the first quarter, reporting a notable 31.9% increase in standalone net profit. This financial year began with profits reaching Rs 127.5 crore, significantly higher than the same period in the prior fiscal year. The company’s revenue also experienced substantial growth, climbing by 32.5% to Rs 1,320.4 crore for Q1 FY27.

EBITDA saw a healthy rise of 34.6% year-over-year, amounting to Rs 170.4 crore, with the EBITDA margin improving by 20 basis points to 12.9% during the June 2026 quarter. Managing Director & CEO Ravi Chawla highlighted strong momentum and record performances despite a volatile macro environment and the West Asia crisis.

Lubricants volume demonstrated impressive growth, escalating by 17% year-over-year. This expansion was attributed to effective market execution and proactive customer engagement. Growth was observed across all key business segments, including B2C, OEM, and B2B, each achieving strong double-digit volume growth. The company ensured uninterrupted supply and service, supporting customers, especially OEMs and B2B partners, even amid constrained raw material availability.