Gulf Oil Lubricants India Limited has informed the Exchange regarding the re-appointment of Mr. Ravi Shamlal Chawla as the Managing Director & CEO of the Company.
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Gulf Oil Lubricants India reported Q1 FY26 (quarter ended June 30, 2025) standalone revenue from operations of Rs. 99,636 lakhs, up about 12.6% from Rs. 88,507 lakhs in Q1 FY25. Net profit for the quarter stood at Rs. 9,666 lakhs (vs Rs. 8,802 lakhs, ~9.8% growth), with basic EPS of Rs. 19.60 (vs Rs. 17.90). On a consolidated basis, revenue was Rs. 1,01,645 lakhs and net profit Rs. 9,517 lakhs. The Board re-appointed Mr. Ravi Shamlal Chawla as Managing Director & CEO for 3 years (June 6, 2026 to June 5, 2029) and Mr. Munesh Narinder Khanna as Independent Director for a second 5-year term (November 6, 2025 to November 5, 2030). The 17th AGM is set for September 30, 2025, with record date September 19, 2025 for a final dividend of Rs. 28 per share (1400% on face value of Rs. 2).
Strong double-digit revenue growth and steady profit growth signal healthy business momentum. Leadership continuity at the top with the existing CEO being re-appointed provides stability, and the Rs. 28/share dividend rewards shareholders pending AGM approval.