Gulf Oil Defies Market Headwinds with Strong Q1 Earnings Growth
Gulf Oil reported a strong Q1 FY27 performance despite elevated crude prices and supply disruptions triggered by the West Asia crisis.
The company's revenue jumped 32.5% year-over-year, while net profit rose 31.9%, with robust EBITDA growth.
Ravi Chawla, MD & CEO of Gulf Oil, attributed the success to the company's pricing strategy and margin resilience.
Gulf Oil also highlighted its EV charging ambitions through Tirex, as well as the growth of ElectreeFi, an OEM business that has shown significant progress in recent quarters.