Gandhar Oil Refinery (India) Ltd
Press Release for quarter ended June 30, 2026
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 22 Jul 2026, 08:53 PM IST · BSE ID: 7d91ada4-f433-4d8d-b401-ad1c81421201
View Original BSE Filing (PDF)
💡
In Simple Terms
Gandhar Oil Refinery announced strong quarterly profits of ₹206 Cr, with revenue and manufacturing volumes also increasing.
🤖 AI Summary
- Consolidated Profit After Tax increased 689% year-on-year to ₹206 Cr for Q1 FY27, highest-ever quarterly net profit.
- Revenue from operations grew 92% year-on-year to ₹1,732 Cr for the quarter ended June 30, 2026.
- Total manufacturing volumes improved 8% year-on-year to 1,31,449 kl in Q1 FY27.
- Gross Margin Spread expanded 3.4x year-on-year to ₹28,145 per kl compared to Q1 FY26.
- Interim dividend declared at 100% of Face Value for shareholders.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Consolidated Revenue from Operations
₹1,732 Cr
+92%
Consolidated EBITDA
₹260 Cr
+512%
Consolidated Profit After Tax
₹206 Cr
+689%
Total Manufacturing Volumes
1,31,247 kl
Gross Margin Spread
₹28,145 per kl
3.4x
Interim Dividend
100% of Face Value
🏢 How This Affects the Company
The company's PHPO and PIO segments showed healthy demand, supporting overall volume growth and contributing to an expanded Gross Margin Spread.
Consolidated Profit After Tax of ₹206 Cr represents the highest-ever quarterly net profit, significantly enhancing earnings and profitability metrics.
The company demonstrated agile sourcing, prudent inventory management, and a favourable product mix despite geopolitical and supply chain challenges.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are advised to note the interim dividend declaration. Check for the record date and payment date for dividend eligibility.
👤
Who Is Affected
All shareholders on the record date will be eligible for the interim dividend of 100% of Face Value.
🔍
Management Signal
The declaration of an interim dividend and strong Q1 results signal management's confidence in the company's financial performance and profitability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 financial results — check revenue and profit growth sustainability.
Dividend record date — confirm eligibility for interim dividend payment.
Details on export presence expansion and engagement with marquee customers.
LOW RISK
No new significant risks were identified in the financial results and press release.
💡 Investor Takeaway
Gandhar Oil Refinery reported its highest-ever consolidated Profit After Tax of ₹206 Cr for Q1 FY27, a 689% increase year-on-year. Revenue from operations grew 92% to ₹1,732 Cr, with manufacturing volumes up 8% to 1,31,449 kl.
⚖️ Strengths & Concerns
✅ Positives
- Consolidated Profit After Tax grew 689% year-on-year to ₹206 Cr in Q1 FY27, marking the highest-ever quarterly net profit.
- Gross Margin Spread expanded 3.4x year-on-year to ₹28,145 per kl, reflecting improved profitability from operations.
⚠️ Concerns
- Lubricants segment growth remained stable, contributing meaningfully but not showing the same strong growth as other product categories.
- Channel Partners sales volumes decreased from 18,787 kl in Q1 FY26 to 14,360 kl in Q1 FY27.
📅 Company Track Record
Gandhar Oil Refinery previously reported strong Q1 FY27 standalone net profit of Rs. 178.82 Crore, as per a filing dated July 22, 2026. Prior filings from the same date also covered the approval of these financial results and an interim dividend declaration. The company was recently listed via an IPO in March 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Gandhar Oil Refinery's consolidated net profit for Q1 FY27?
Gandhar Oil Refinery reported a consolidated Profit After Tax of ₹206 Cr for the quarter ended June 30, 2026.
How much did Gandhar Oil Refinery's revenue from operations increase in Q1 FY27?
Revenue from operations for Gandhar Oil Refinery increased by 92% year-on-year to ₹1,732 Cr in Q1 FY27.
What was the total manufacturing volume for Gandhar Oil Refinery in Q1 FY27?
Total manufacturing volumes for Gandhar Oil Refinery were 1,31,247 kl in Q1 FY27, an 8% increase year-on-year.
Did Gandhar Oil Refinery declare any dividend for Q1 FY27?
Yes, Gandhar Oil Refinery declared an interim dividend of 100% of Face Value for Q1 FY27.
What was the Gross Margin Spread for Gandhar Oil Refinery in Q1 FY27?
The Gross Margin Spread for Gandhar Oil Refinery expanded 3.4x year-on-year to ₹28,145 per kl in Q1 FY27.
Questions based on this BSE filing only. For information purposes.