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Audited Results of Gulf Oil Lubricants India Ltd. Company

(Rs in Cr.)	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020	Mar 31, 2019
Operating Income	2,999.10	2,191.64	1,652.21	1,643.50	1,705.80
Manufacturing Expenses	5.52	4.40	2.69	4.26	4.69
Personnel Expenses	135.21	116.78	116.46	113.99	101.74
Selling Expenses	86.24	59.58	2.69	101.82	99.08
Administrative Expenses	557.39	409.35	373.54	305.36	275.43
Expenses Capitalised	0	0	0	0	0
Cost Of Sales	2,656.26	1,906.15	1,387.02	1,356.97	1,422.74
Operating Profit	342.84	285.49	265.19	286.53	283.05
Other Recurring Income	47.12	44.18	52.06	35.55	29.54
Adjusted PBDIT	389.96	329.68	317.25	322.08	312.59
Financial Expenses	37.64	9.62	14.64	24.83	15.16
Depreciation	39.61	35.72	33.87	32.70	22.36
Other Write offs	0	0	0	0	0
Adjusted PBT	312.70	284.34	268.74	264.54	275.07
Tax Charges	80.40	73.26	68.65	62.02	97.29
Adjusted PAT	232.30	211.08	200.09	202.52	177.78
Non Recurring Items	-0.98	0.33	0.14	-0.56	0
Other Non Cash adjustments	0	0	0	0	0
Reported Net Profit	232.30	211.08	200.09	202.52	177.78
Equity Dividend	24.51	0	35.22	27.85	43.51
Preference Dividend	0	0	0	0	0
Retained Earnings	967.98	816.56	684.66	536.86	392.79

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