Gulf Oil Lubricants clocks nearly 32% YoY increase in Q1 PAT
Mumbai, Aug. 4 -- While EBITDA improved by 34.6% YoY to Rs 170.4 crore, EBITDA margin expanded by 20 basis points YoY to 12.9% in the June'26 quarter.
Ravi Chawla, managing director & CEO, said: "We have commenced FY27 with strong momentum and record performances.
Despite the West Asia crisis and a volatile macro environment, we continued to execute with focus and agility, resulting in strong volume-led profitable growth. Lubricants volume grew 17% Y-o-Y during the quarter, supported by effective market execution and proactive customer engagement.
Growth was all-round across our key business segments in B2C, OEM and B2B with each delivering good double-digit volume growth.
We ensured uninterrupted supply and service levels across mark...
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