Gulf Oil Lubricants India Latest Updates

Financial Performance: In the first quarter of fiscal year 2026 (Q1 FY26), Gulf Oil Lubricants India reported a consolidated revenue of over ₹1,000 crore for the first time, an increase of 13.69% year-on-year. The company's profit after tax (PAT) for the quarter was ₹96.66 crore, a growth of 5.5% compared to Q1 FY25. The company's subsidiary, Tirex, which specializes in EV chargers, also showed significant growth in revenue and has become EBITDA positive. Corporate Announcements: The company has declared a final dividend of ₹28 per share (1400% on a face value of ₹2 per share) for the financial year 2024-25, with the record date set as September 19, 2025. The 17th Annual General Meeting (AGM) is scheduled for September 30, 2025. Strategic Partnerships: Gulf Oil Lubricants has been actively expanding its market reach through new partnerships. A significant collaboration with Nayara Energy, one of India's largest private fuel retailers, allows Gulf Oil's full range of automotive products to be sold at over 6,500 Nayara Energy fuel stations. The company also has a strategic partnership with S-Oil Corporation of South Korea to manufacture and market S-Oil's lubricants in India.