Gulf Oil Lubricants Q2 Profit Jumps 34 Per Cent To ₹117 Crore On 16 Pc Volume Growth

Mumbai, October 28, 2026 - Gulf Oil Lubricants India reported a 34 percent jump in standalone profit after tax to Rs 117 crore in the September quarter, according to the company's latest financial disclosure. This growth in profit came as revenue from operations increased by 44 percent year-on-year to Rs 1,379 crore, up from Rs 957 crore in the same quarter a year earlier.

Revenue from operations for the half-year ended September 2026 totaled Rs 2,700 crore, representing a 38 percent rise from the previous year. The company's Q2 performance was driven by a 16 percent year-on-year growth in lubricants volume, despite ongoing market challenges, including the West Asia supply crisis. Driven by strategic pricing, customer acquisition, distribution expansion in B2C, and strong performance in OEM and B2B segments, the company achieved a 33 percent year-on-year growth in net profit, reaching Rs 245 crore.

Gulf Oil Lubricants India's Managing Director and CEO, Ravi Chawla, highlighted the company's agility and focus on premiumization, as well as continued investment in brand, mechanic engagement, and BTL activities. Looking ahead, the company remains committed to profitable growth, operational excellence, and long-term value creation.