Gandhar Oil Q1 FY 2026-27 Results
Gandhar Oil Refinery (India) Limited reported its highest‑ever quarterly net profit for the first quarter of FY 2026‑27, with Profit After Tax (PAT) reaching Rs 206 crore, representing a 689% increase over the same quarter last year. Revenue from operations rose to Rs 1,732 crore, up 92% YoY, while EBITDA grew 633% YoY, underscoring a strong operational turnaround. Total manufacturing volumes climbed 8% YoY to 131,449 kiloliters, and the gross margin spread expanded 3.4‑times YoY to Rs 28,145 per kiloliter.
The company declared an interim dividend equal to 100% of the face value of its shares.
Management attributed the performance to robust demand from the Personal Care, Healthcare, and Pharmaceutical (PHPO) segment, which continued to anchor growth, as well as encouraging traction in the PIO business serving transformer, power, and rubber manufacturers. Despite a dynamic external environment marked by geopolitical developments in West Asia, crude oil price volatility, and periodic supply‑chain disruptions, Gandhar Oil highlighted its agile sourcing, prudent inventory management, and favourable product mix as key enablers of the results. The firm emphasized its focus on value‑added offerings, efficient procurement, and cost‑optimisation initiatives that supported superior margins and volume growth.
Looking ahead, Gandhar Oil expressed confidence in sustaining profitable growth and creating long‑term value for stakeholders, while remaining watchful of global macro‑economic and geopolitical uncertainties.