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Gulf Oil Lubricants Q3 Profit Falls 21% to Rs 77 Crore
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Gulf Oil Lubricants Q3 Profit Dips 21% to Rs 77 Cr Despite Revenue Growth
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News18
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09-02-2026, 21:30
Gulf Oil Lubricants Q3 Profit Dips 21% to Rs 77 Cr Despite Revenue Growth
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Gulf Oil Lubricants India reported a 21.45% drop in standalone Profit After Tax (PAT) to Rs 77.11 crore in the December quarter.
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Revenue from operations increased by 10.28% to Rs 999.92 crore compared to the previous fiscal year.
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Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew by 6.60% to Rs 130.27 crore.
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Managing Director and CEO Ravi Chawla noted strong quarterly volumes, revenue, and EBITDA, with demand picking up post-monsoon and festivities.
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Overall lubricants volume grew 8%, outperforming industry growth by 2x, driven by B2C and B2B segments.
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