Financial Results for quarter and financial year ended March 31, 2026 were approved in board meeting held on May 26, 2026
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhar Oil Refinery reported strong FY26 results with standalone revenue of Rs 3,422.56 crore (up 8.3% YoY) and PAT of Rs 138.39 crore (up 83.8% YoY from Rs 75.30 crore). Consolidated revenue stood at Rs 4,241.18 crore with PAT of Rs 137.25 crore (up 64.3% YoY). EPS improved to Rs 14.14 on standalone basis vs Rs 7.69 prior year. The company received an unmodified (clean) audit opinion from KJK & Associates. Board also approved re-appointment of Joint Managing Directors Samir Parekh and Aslesh Parekh for 5 years each, appointment of new directors, proposed incorporation of a Wholly-Owned Subsidiary in South Africa, and land purchase agreement at Village Kherane Khurd, Panvel (21,551 sq mtrs).
The company delivered robust profit growth exceeding 80% YoY on standalone basis with clean audit opinion, signaling strong operational performance. Strategic initiatives like South Africa subsidiary and land acquisition indicate expansion plans. Leadership continuity through director re-appointments provides stability.