GP Petroleums Reports Strong Q2 FY27, H1 Profit Jumps 206% On Robust Demand
Mumbai: GP Petroleums Ltd on Thursday, October 27, 2026, announced its standalone net profit for the second quarter (Q2 FY27) surged by 179% year-on-year to ₹15.3 crore. Revenue from operations for the quarter also increased by 124% to ₹340.8 crore. GP Petroleums Reports Q1 FY27 Consolidated Profit After Tax Of ₹20.58 Crore Quarterly Performance For the quarter ended September 30, 2026, the…
GP Petroleums Ltd reported a significant surge in its standalone net profit for Q2 FY27, with a 179% increase year-on-year to ₹15.3 crore, alongside a 124% rise in revenue from operations to ₹340.8 crore. The company's H1 FY27 performance saw a 84% growth in revenue to ₹571.1 crore, and EBITDA margin improved to 6.2%, reflecting robust demand in the lubricant sector.
Managing Director Arjun Verma highlighted the steady industrial demand and the company's plans to raise up to ₹130 crore through structured Non-Convertible Debentures (NCDs) and Optionally Convertible Debentures (OCDs) to bolster working capital and expand into high-margin specialty segments.
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