Q3 Results: Gandhar Oil, Granules India Report Sharp Profit Jumps; Gandhar Declares Dividend

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CNBC Awaaz•23-01-2026, 18:09
Q3 Results: Gandhar Oil, Granules India Report Sharp Profit Jumps; Gandhar Declares Dividend
- •Gandhar Oil Refinery (India) and Granules India reported strong Q3 FY25-26 results with significant profit and revenue growth.
- •Gandhar Oil's profit surged by 67.9% to ₹32.4 crore, with revenue up 16.1% to ₹1,167 crore.
- •Gandhar Oil's Board declared an interim dividend of ₹0.75 per share, setting January 30, 2026, as the record date.
- •Granules India's net profit increased by 27.7% to ₹150.2 crore, and revenue grew by 22% to ₹1,387.9 crore.
- •Both companies showed improved operational efficiency with higher EBITDA and margin expansion.
Why It Matters: Gandhar Oil and Granules India delivered strong Q3 performances, with Gandhar Oil also announcing a dividend.
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