Hinduja Group firm Gulf Oil Lubricants India on Wednesday reported a 3.46 per cent decline in the consolidated profit after tax (PAT) to ₹85.59 crore for the March quarter.
The company had recorded a consolidated PAT of ₹92.80 crore in the last quarter of FY25.
Revenue from operations for the fourth quarter of the previous fiscal was up 10.76 per cent at ₹1,055.26 crore from ₹952.74 crore in the corresponding quarter a year earlier, Gulf Oil Lubricants said.
For FY26, consolidated PAT dropped 3.51 per cent to ₹344.85 crore from ₹357.39 crore in FY25. Revenue from operations was at ₹4,057.04 crore in FY26 against ₹3,631.16 crore in FY25, the company said.
“The quarter has been a strong one for us, with all-time high quarterly volumes, revenue, and EBITDA supported by customer demand and business agility,” said Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India.
Lubricants volume for the quarter demonstrated significant momentum, recording a growth of 14 per cent, significantly outperforming industry growth by over 3x translating into similar 14 per cent growth in overall revenue, reflecting the company’s continued focus on growth priorities across segments in lubricants and commitment to growing the mobility segment, he said.
Growth was broad-based across all key segments, rising above and beyond with industry-leading performance, he said, adding that the Passenger Car Motor Oils (PCMO) and Commercial Vehicle Oils (CVO) delivered a double-digit growth, while the Agri segment also registered robust double-digit growth.
“FY26 has been a year marked by sustained business momentum, with double-digit lubricant volume growth for the full year and disciplined execution amid geopolitical headwinds. We closed the year on a high note as consolidated revenue for the year crossed ₹4,000 crore,” Chawla said.