Gulf Oil Lubricants India Limited’s Board of Directors has approved the Unaudited Financial Results for the third quarter and nine months ending December 31, 2025. Crucially, the Board declared an Interim Dividend of ₹21/- per equity share (1,050% of the face value). The Record Date for determining eligible shareholders for this dividend has been set for Friday, February 13, 2026, covering the financial year 2025-26.
Financial Results Approval for Q3 FY2025-26
Gulf Oil Lubricants India Limited announced that its Board of Directors, following a meeting on Monday, February 9, 2026, has considered and approved the Unaudited Financial Results on both a standalone and consolidated basis. These results pertain to the third quarter and the nine months ended December 31, 2025. The financial statements have been subjected to a Limited Review by the Statutory Auditors, M/s S R B C & Co. LLP.
Key Consolidated Financial Highlights (Nine Months Ended Dec 31, 2025)
The consolidated results indicate robust performance across key metrics compared to the previous corresponding period:
- Total Income for the nine months stood at ₹3,07,317.90 Lakhs, compared to ₹2,75,439.27 Lakhs in the prior year period.
- Profit Before Tax reached ₹36,588.89 Lakhs.
- Total Comprehensive Income attributable to the Owners of the Company was ₹25,703.59 Lakhs.
- Basic Earnings Per Share (before exceptional items) for the nine-month period stood at ₹55.74.
Standalone Performance Summary
On a standalone basis, the company maintained strong momentum:
- Total Income for the nine months was ₹3,02,253.82 Lakhs.
- Net Profit for the period was ₹26,090.02 Lakhs.
- Standalone Basic EPS (before exceptional items) was reported at ₹56.32.
Interim Dividend Declaration
A significant action taken by the Board was the declaration of an Interim Dividend for the financial year 2025-26. The Board approved the payment of an Interim Dividend of ₹21/- per equity share, which represents 1,050% of the face value of ₹2/- per share.
To facilitate this payment, the Board has fixed Friday, February 13, 2026, as the Record Date to determine the shareholders eligible to receive the declared dividend.
Notes to Accounts Highlights
Several key items were noted in the accompanying financial statements:
- The results reflect an estimated obligation of ₹2,278.21 Lakhs due to the implementation of new labour codes, which has been classified as an Exceptional Item in the financial results.
- The Board approved the acquisition of an additional 14.18% stake in its subsidiary, Tirex Transmission Private Limited, increasing its shareholding to 65.18%.
- The company allotted 15,173 fully paid-up equity shares during the period due to the exercise of employee stock options.
The Board meeting officially commenced at 5:00 p.m. (IST) and concluded at 7:10 p.m. (IST) on the date of the announcement.
Source: BSE
