Re-appointment of Internal Auditor and Cost Auditor for Financial Year 2026-27.
GANDHAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gandhar Oil Refinery reported strong FY2025-26 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). Consolidated revenue stood at Rs 4,241.18 crore with PAT of Rs 137.25 crore. The board re-appointed G.D. Singhvi & Co. as Internal Auditor and Maulin Shah & Associates as Cost Auditor for FY2026-27. Two new directors were appointed - Mr. Santokhsingh Sandhu (Independent) and Mr. Jatin Dhamani (Whole Time Director), with Mrs. Deena Mehta resigning. Joint Managing Directors Mr. Samir Parekh and Mr. Aslesh Parekh were re-appointed for 5 years. The company also announced plans to incorporate a wholly-owned subsidiary in South Africa and purchase land (21,551 sq.mtrs) in Raigad district for expansion.
Strong financial performance with near-doubling of PAT and EPS (Rs 14.14) signals operational efficiency. New director appointments and WOS incorporation in South Africa indicate strategic expansion. Land purchase suggests capacity expansion plans. Clean audit with unmodified opinion supports financial integrity.