Tag
Oil & Gas Refining
12 articles
Refining companies are demonstrating robust financial performance, driven by favorable market conditions and strategic initiatives. Gandhar Oil's profits soared 688% year-over-year, fueled by record EBITDA margins and strong export demand, while Chennai Petroleum reported a significant turnaround with a ₹1,017 crore profit, benefiting from improved refining margins. Additionally, TruAlt Bioenergy's dual-feed strategy contributed to a 12x surge in profit, and APAR Industries reported a 78% increase in profit attributable to strong growth across divisions. These developments, alongside ONGC's parent guarantee for MRPL and IndianOil's continued investment in Paradip Refinery, suggest a positive outlook for the sector, although geopolitical oil market volatility and government policy regarding ethanol blending remain key factors to monitor.
BPCL Brazilian Subsidiary Renamed BPRL Brasil Limitada
BPCL intimates SEBI LODR Regulation 30 compliance for subsidiary name change.
IBV Brasil Petróleo Limitada, a 100% BPCL-owned Brazilian entity, changed its name.
New name is BPRL Brasil Limitada, effe
Coastal Corp Subsidiary Gets 4,310 KL Ethanol Allocation
Coastal Biotech Private Limited received incremental ethanol allocation of 4,310 KL for Q4 ESY 2025-26 from OMCs.
The allocation is for supply to BPCL, IOCL, and HPCL under the Ethanol Blended Petrol
Gandhar Oil Refinery Reports 64% PAT Growth in FY26
Gandhar Oil Refinery reported consolidated revenue of ₹4,254.6 crore with 9% growth and PAT of ₹137.2 crore, a 64% increase year-over-year.
The company maintained debt-free standalone operations while
Gandhar Oil Refinery 34th AGM Notice September 2026
Gandhar Oil Refinery schedules its 34th Annual General Meeting for September 11, 2026, to be held virtually via video conferencing.
AGM agenda includes adoption of FY26 financial statements, director
Gulf Oil Lubricants India Reports Record ₹4,056 Cr FY26 Revenue
Gulf Oil Lubricants India reported record consolidated revenue of ₹4,056 crore with 11.7% growth and recommended a final dividend of ₹30 per share, resulting in total dividend of ₹51 per share with 72
Gulf Oil Lubricants India FY26 Results: 12% Revenue Growth, ₹30 Dividend
Gulf Oil Lubricants reported 12.3% revenue growth to ₹3,991.31 crore and net profit of ₹350.92 crore for FY 2025-26, with a final dividend recommendation of ₹30 per share.
The company will hold its 18
Veedol Seeks Shareholder Approval for Rs 650 Crore Related Party Deal
Veedol Corporation Limited circulates a postal ballot notice seeking shareholder approval for material related party transactions totaling Rs 650 crores with Standard Greases & Technologies.
The compa
Amines & Plasticizers Q1FY27 Revenue Up 7% YoY
• Investor presentation for Q1FY27 discloses 7% YoY revenue growth to ₹150.72 crore with 10.06% EBITDA margin.
• Management cites geopolitical challenges, partial plant operations, and inventory gains
JNK India Q1FY27 Revenue Jumps 80.6% YoY
JNK India reported Q1FY27 consolidated revenue growth of 80.6% YoY to ₹186 crore and an 8.5x YoY PAT increase to ₹9.6 crore.
Management maintains FY27 revenue growth guidance of 20-25% and EBITDA marg
Engineers India Q1 FY27 Net Profit Up 55%
Engineers India reported a 55% YoY increase in standalone Q1 FY27 net profit to INR109 crore, driven by strong consultancy margins.
The company's order book stands at INR14,424 crore, with consultancy
Modi Naturals Q1FY27 PAT Rises 19.1% to ₹12.5 Crore
Modi Naturals reported Q1FY27 consolidated revenue of ₹155.6 crore with PAT up 19.1% YoY to ₹12.5 crore and EBITDA margin expanding to 14.2%.
Ethanol Division secured additional orders worth ₹140 cror
Expo Engineering FY26 Revenue Declines to ₹68.23 Crore
Expo Engineering reported FY26 revenue of ₹68.23 crore and PAT of ₹1.93 crore, down from ₹114.74 crore and ₹3.18 crore respectively in FY25.
The company changed its name from Expo Gas Containers Ltd a