Gulf Oil Lubricants Sees 28.6% Profit Hike in Q1

Gulf Oil Lubricants India Ltd reported a consolidated net profit of ₹123.1 crore for Q1 FY26, up 28.6% from ₹96 crore in the corresponding period last year.

The company's revenue from operations increased by 30.6% to ₹1,327 crore from ₹1,016.4 crore in Q1 FY25.

Gulf Oil Lubricants reported a 17% year-on-year growth in lubricant volumes despite supply challenges arising from the West Asia crisis.

The company maintained margin resilience despite unprecedented input cost inflation and pricing challenges, ensuring uninterrupted supplies to customers, including original equipment manufacturers (OEMs), distributors, and retailers.