Gulf Oil Lubricants India Q4 FY26 results: PAT falls 3.46%, revenue rises on volume growth

Gulf Oil Lubricants India, part of the Hinduja Group, reported lower profit despite higher revenue in the March quarter. Consolidated profit after tax fell 3.46 per cent to Rs 85.59 crore. The company had posted Rs 92.80 crore profit after tax in the previous quarter of FY25.

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Revenue from operations rose 10.76 per cent in the fourth quarter of the previous fiscal. It reached Rs 1,055.26 crore, compared with Rs 952.74 crore a year earlier. The company linked the performance to higher volumes and demand across several lubricant categories.

Gulf Oil Lubricants India revenue growth in Q4 and FY26

For FY26, Gulf Oil Lubricants India reported a 3.51 per cent drop in consolidated profit after tax. Profit after tax stood at Rs 344.85 crore, down from Rs 357.39 crore in FY25. Revenue from operations increased to Rs 4,057.04 crore in FY26, against Rs 3,631.16 crore in FY25.

Ravi Chawla, Managing Director & CEO, described the quarter as strong on operating measures. "The quarter has been a strong one for us, with all-time high quarterly volumes, revenue, and EBITDA supported by customer demand and business agility,\" Ravi Chawla said.

Gulf Oil Lubricants India lubricant volumes and segment performance

Ravi Chawla said lubricant volumes grew 14 per cent during the quarter. \"Lubricants volume for the quarter demonstrated significant momentum, recording a growth of 14 per cent, significantly outperforming industry growth by over 3x translating into similar 14 per cent growth in overall revenue, reflecting the companys continued focus on growth priorities across segments in lubricants and commitment to growing the mobility segment,\" he said.

The company said growth came from several key segments. Ravi Chawla said the performance was broad-based across categories. \"Growth was broad-based across all key segments, rising above and beyond with industry-leading performance,\" he said. Ravi Chawla added that Passenger Car Motor Oils PCMO and Commercial Vehicle Oils CVO recorded double-digit growth.

The company also pointed to gains in the Agri segment during the quarter. Ravi Chawla said that business momentum continued through FY26. \"FY26 has been a year marked by sustained business momentum, with double-digit lubricant volume growth for the full year and disciplined execution amid geopolitical headwinds. We closed the year on a high note as consolidated revenue for the year crossed Rs 4,000 crore,\" Ravi Chawla said.

With inputs from PTI