Gulf Oil Lubricants India Limited has announced its unaudited consolidated financial results for the second quarter and half-year ended September 30, 2026. The company reported a total income of ₹1,43,593.55 lakhs for the quarter, a notable increase. Profit before tax stood at ₹15,390.70 lakhs for the same period. The results reflect the company’s operational performance and financial health amidst market conditions.
Gulf Oil Lubricants Reports Strong Q2 Performance
Gulf Oil Lubricants India Limited has officially released its unaudited consolidated financial results for the second quarter and the half-year period concluding on September 30, 2026. The Board of Directors considered and approved these results during their meeting held on October 28, 2026.
Financial Highlights: Q2 FY27
For the quarter ended September 30, 2026, the company announced a total income of ₹1,43,593.55 lakhs. Total expenses for the quarter amounted to ₹1,28,195.64 lakhs. This led to a profit before exceptional item and tax of ₹15,390.70 lakhs. After accounting for tax expenses of ₹4,119.76 lakhs, the net profit for the quarter stood at ₹11,452.00 lakhs. Total comprehensive income for the quarter was ₹11,671.05 lakhs.
Financial Highlights: Half-Year Ended FY27
For the half-year ended September 30, 2026, Gulf Oil Lubricants India Limited reported a total income of ₹2,79,002.85 lakhs. Total expenses for this period were ₹2,47,134.24 lakhs. The profit before exceptional item and tax reached ₹31,859.78 lakhs. Following a total tax expense of ₹8,767.09 lakhs, the net profit for the half-year was ₹23,535.83 lakhs. Total comprehensive income for the half-year concluded at ₹23,762.31 lakhs.
Operational and Strategic Context
The financial results were subjected to a limited review by M/s SRB C & Co. LLP, Chartered Accountants. The company also noted the allotment of 38,751 and 155,452 fully paid-up equity shares during the quarter and half-year due to the exercise of stock options by employees. Furthermore, the report mentions a fire incident at an adjoining third-party warehouse in Valsad, Gujarat, on October 27, 2026, with assessment of damage and insurance coverage underway. The company’s core business segment remains ‘Lubricants’, and previous period figures have been re-grouped for conformity.
Source: BSE
