Gandhar Oil Refinery Records Highest-Ever Quarterly Revenue Of ₹1,847 Crore; Q2 PAT Surges 368%
Mumbai: Gandhar Oil Refinery (India) Ltd on Thursday announced a consolidated revenue from operations of ₹1,847 crore for the quarter ended 30 September 2026, marking a 73% increase year-on-year. The company also reported a significant rise in its profit after tax (PAT) by 368% to ₹186 crore for the same period. Financial Highlights Consolidated earnings before interest, tax, depreciation, and…
Mumbai witnessed Gandhar Oil Refinery (India) Ltd reporting record-breaking quarterly figures on Thursday. The company announced a staggering consolidated revenue of ₹1,847 crore for the quarter ending 30th September 2026, marking a remarkable 73% increase compared to the same period the previous year. This surge was accompanied by a massive 368% jump in profit after tax (PAT), reaching an impressive ₹186 crore for the quarter.
The financial highlights further revealed an astounding 337% rise in EBITDA to ₹288 crore, a substantial 386% increase in earnings per share (EPS) to ₹17.87, and a significant 82% growth in consolidated revenue for the half-year ending 30th September 2026, reaching ₹3,579 crore. Management's commentary highlighted the company's achievement of its highest-ever quarterly revenue while maintaining robust gross margin spreads, with the PAT for the first half of FY27 reported at approximately ₹392 crore, nearly three times the profit of the entire previous fiscal year.
The company sustained a consistent gross margin spread of ₹29,128 per kilolitre and received reaffirmation of its A+/Stable and A1 ratings by CRISIL, backed by total bank facilities of ₹1,014 crore. Manufacturing sales volumes for the first half of FY27 reached 2,63,899 kilolitres, with a slight increase from 2,61,524 kilolitres in the same period last year.
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