Gulf Oil Lubricants: Q2, H1 FY26 sees double-digit growth.

Gulf Oil Lubricants India Limited reported strong financial performance for the second quarter and half year ended September 30, 2025. Standalone revenue from operations for Q2 FY26 increased by 12.65% year-over-year to INR 956.78 Crores, with half-year revenue reaching INR 1,953.14 Crores, up 12.61%. EBITDA for Q2 FY26 grew by 10.56% to INR 118.46 Crores, and half-year EBITDA was up 9.69% to INR 245.04 Crores. Profit after tax (PAT) for Q2 FY26 stood at INR 87.13 Crores, a 3.19% increase, and half-year PAT was INR 183.79 Crores, up 6.57%.

On a consolidated basis, the company achieved revenue from operations of INR 966.77 Crores for Q2 FY26, an 11.90% increase, and INR 1,983.23 Crores for the half-year, up 12.81%. Consolidated PAT for Q2 FY26 was INR 83.95 Crores, increasing 1.18%, and half-year PAT was INR 179.13 Crores, a 7.09% rise. The company's EV charger subsidiary, Tirex, saw a 75% revenue growth in H1, leading the board to approve an increase in Gulf Oil's stake by 14% to 65%.

Gulf Oil Lubricants India also highlighted its recognition as one of 'India's Best Managed Companies 2025' by Deloitte India, reflecting its commitment to business performance and sustained growth. The company continues to focus on innovation, premiumization, and strategic investments in the e-mobility space.