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Gulf Oil Q1 profit up 32%; MD outlines FY27 roadmap

Gulf Oil Q1 profit up 32%; MD outlines FY27 roadmap
Gulf Oil MD Ravi Chawla outlines FY27 roadmap after strong Q1 show - BusinessToday · businesstoday.in

Gulf Oil is a company that makes lubricants, which are special oils that keep car engines and machines working smoothly.

In the first three months of its new financial year, the company made a lot more money than it did the year before.

It sold much more product than most other companies in its industry.

During this time, there were problems getting some of the ingredients for the oil because of tensions in a region called West Asia.

Ships had trouble moving through an important water route called the Strait of Hormuz.

Gulf Oil worked hard to find supplies and keep delivering oil to its customers without stopping.

To pay for higher material costs, it raised some of its prices.

The company is now building bigger factories so it can make about 70 percent more products.

It also makes chargers for electric buses and trucks through a company called TAREX, which is already earning good money.

Gulf Oil hopes the charging business will grow much bigger in the next few years.

Key facts

Company
Gulf Oil
Standalone Net Profit (Q1 FY27)
Rs 127.5 crore, up 31.9% year-on-year
Revenue from Operations
Rs 1,327 crore, up 30.6% year-on-year
EBITDA
Rs 166 crore, up nearly 30%; margin around 13%
Volume Growth
17% versus industry's estimated 3-4% expansion
Capacity Expansion
Nearly 70% increase at Silvassa and Chennai plants, completing in Q3-Q4 FY27
TAREX Revenue
Around Rs 100 crore last year; target of Rs 300-400 crore in 3-4 years
EBITDA Margin Guidance
12-14% over the medium term

Quotes

Ravi Chawla

Chief Executive of Gulf Oil

“"As a leading private‑sector lubricant player, supply reliability became a key differentiator during the quarter," he said.”
businesstoday.in

Sources

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