Financial Results Overview

Castrol India Limited reported its unaudited financial results for the quarter and half year ended 30 June 2026, approved by the Board of Directors in a meeting held on 4 August 2026.

Quarterly Performance (Q2 2026)

  • Revenue from Operations: ₹1,871.47 crore (compared to ₹1,496.83 crore in Q2 2025)
  • Other Income: ₹14.00 crore
  • Total Income: ₹1,885.47 crore
  • Total Expenses: ₹1,409.44 crore
  • Profit Before Tax: ₹476.03 crore (compared to ₹329.54 crore in Q2 2025)
  • Tax Expenses: ₹128.33 crore
  • Profit After Tax: ₹347.70 crore (compared to ₹244.00 crore in Q2 2025)
  • Earnings Per Share (Basic and Diluted): ₹3.51

Half-Yearly Performance (H1 2026)

  • Revenue from Operations: ₹3,416.71 crore (compared to ₹2,918.83 crore in H1 2025)
  • Other Income: ₹37.34 crore
  • Total Income: ₹3,454.05 crore
  • Total Expenses: ₹2,654.91 crore
  • Profit Before Tax: ₹799.14 crore (compared to ₹642.26 crore in H1 2025)
  • Tax Expenses: ₹209.26 crore
  • Profit After Tax: ₹589.88 crore (compared to ₹477.46 crore in H1 2025)
  • Earnings Per Share (Basic and Diluted): ₹5.96

Exceptional Item

An exceptional item of ₹22.53 crore was recorded for the year ended 31 December 2025.

Dividend Declaration

The Board declared an interim dividend of ₹6.25 per equity share (face value of ₹5 each) for the financial year ending 31 December 2026. The dividend will be paid within 30 days from declaration. The record date for determining shareholder entitlement is Tuesday, 11 August 2026.

Auditor Review

The unaudited financial results were reviewed by Deloitte Haskins and Sells LLP, the company's statutory auditors, who issued a limited review report in accordance with Standard on Review Engagements (SRE) 2410.

Balance Sheet Position (as of 30 June 2026)

  • Total Assets: ₹3,879.52 crore
  • Total Equity: ₹1,908.92 crore
  • Equity Share Capital: ₹494.56 crore
  • Other Equity: ₹1,414.36 crore
  • Total Liabilities: ₹1,970.60 crore

Business Segment Information

The company operates in a single business segment of "Lubricants" in accordance with Ind AS 108 - Operating Segments.

New Labour Code Impact

The company has recognized an estimated obligation of ₹22.53 crore under the New Labour Codes as an exceptional item, representing the incremental estimated obligation for employee benefits as of 31 December 2025.

Press Release Highlights

  • Q2 2026 EBITDA: ₹494 crore (41% YoY growth)
  • H1 2026 EBITDA: ₹823 crore (25% YoY growth)
  • Maintained distribution footprint of approximately 160,000 outlets
  • Expanded rural distribution to ~45,000 outlets
  • Expanded Auto Care portfolio to around 40,000 physical outlets
  • Strengthened service ecosystem with 34,000+ independent bike workshops, 16,000+ multi-brand workshops, and 850+ Castrol Auto Service centers

Management Commentary

MD Saugata Basuray cited strong performance across industrial, institutional and consumer businesses, driven by supply chain agility and brand strength. CFO Mrinalini Srinivasan expressed confidence in the business resilience and cash flow generation capacity.

Parent Company Update

In December 2025, the Ultimate Holding Company announced an agreement to sell a 65% shareholding in Castrol's global lubricants business to Stk, with the transaction expected to complete by end of 2026, subject to approvals.