Gulf Oil Lubricants Q2 Results: Revenue jumps 46% as OEM, B2B segments deliver double-digit growth
Gulf Oil Lubricants India reported a 37.4% year-on-year rise in September-quarter net profit to ₹115.4 crore, while revenue surged 45.9% to ₹1,409 crore, driven by 16% growth in lubricant volumes. EBITDA increased 40.2% to ₹164 crore, supported by volume growth and pricing interventions amid elevated raw material costs linked to the West Asia crisis.
Gulf Oil Lubricants India reported a 37.4% year-on-year rise in September-quarter net profit to ₹115.4 crore, while revenue surged 45.9% to ₹1,409 crore, driven by 16% growth in lubricant volumes. EBITDA increased 40.2% to ₹164 crore, supported by volume growth and pricing interventions amid elevated raw material costs linked to the West Asia crisis.
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