Mumbai, Aug 13th 2025
Gulf Oil Lubricants India Limited, a Hinduja Group Company, has today reported its unaudited financial results (Standalone and Consolidated) for the Quarter ended June 30, 2025.
Key highlights are as under:
During the Quarter ended June 30, 2025, on Standalone basis, the Company achieved revenue from operations of Rs. 996.36 Crores against Rs. 885.07 Crores, growth of 12.57% and PAT of Rs. 96.66 Crores against Rs. 88.02 Crores, growth of 9.81% compared to the Quarter ended June 30, 2024.
On Consolidated basis, the Company achieved revenue from operations of Rs. 1,016.45 Crores against Rs. 894.04 Crores, growth of 13.69% and PAT of Rs. 95.17 Crores against Rs. 84.30 Crores, growth of 12.90% compared to the Quarter ended June 30, 2024.
Mr. Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India Ltd commented,
“The year began on a strong note, delivering yet another market leading performance achieving double-digit volume growth of 11% during the quarter, clearly over 3x the industry growth rate.
This underscores the strength of our brand and continued trust of our consumers.
This all-round performance was driven by gains across segments, with Motor Cycle Oil (MCO) category in B2C segment leading the way with strong double- digit growth.
The campaign, new pack introduction and the on-ground activations for our recent Pride relaunch featuring the latest upgraded API-SP specifications were well-received and supported the momentum in MCO category.
While the OEM Factory Fill was flattish due to subdued new vehicle sales, OEM Franchise Workshops (FWS) delivered excellent results with high double-digit volume growth across categories particularly Agri OEMs.
The B2B Industrial segment also recorded double-digit growth, with continued new customer acquisitions across industries with high double-digit growth in metal industry and infra segments.
Our agility in market responsiveness along with continued focus on product premiumization has enabled us to deliver this performance.
Our EV charger subsidiary, Tirex, continued to perform well and closed the quarter with over 163% growth in topline catering to broader customer base.
This reflects our ongoing commitment to strengthening the EV segment in line with our long-term vision.
Mr. Mahish Gangwal, CFO, Gulf Oil Lubricants India Ltd commented,
“We are quite excited to see our consolidated revenue crossing Rs 1,000 Crores as we concluded the quarter with highest-ever Volume, Revenue, and EBITDA, driven by strong strategic execution resulting in profitable, volume-led growth.
With double-digit topline growth and notable improvement in gross margin, operating profit for the quarter stood at Rs 126.58 Crores, growth of 8.9% over the same period last year with slight impact in EBITDA margin at 12.7% while remaining within the guided band of 12-14% in the volatile macro environment as we also continue to invest in brand and other long-term initiatives.
Further, we remain focused on operational efficiency and enhancing profitability, in line with our strategic objectives.
As the year progresses, we remain watchful of the geo-political developments.
We remain committed to delivering consistent growth in our core business while also growing our mobility segment, which is yielding very encouraging results.
Overall, we are well-positioned to capitalize on opportunities across our businesses ensuring long term and sustainable value creation for all our stakeholders.”
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