Gulf Oil Lubricants India Reports Strong Q3FY26 Revenue Growth Despite PAT Decline
Gulf Oil Lubricants India Limited reported strong Q3FY26 operational performance with consolidated revenue growing 10.56% to Rs 1,017.55 crores and EBITDA increasing 7.80% to Rs 132.46 crores. The company achieved its highest ever quarterly volume driven by robust growth across B2C, B2B Industrial, and OEM segments. However, PAT declined 21.77% to Rs 76.13 crores due to Rs 22.78 crores provision for new labour codes. The EV subsidiary Tirex delivered exceptional 83% quarterly revenue growth. The Board declared an interim dividend of Rs 21.00 per equity share.
