Gulf Oil Lubricants India Limited has informed the Exchange regarding Appointment of Mr Munesh Narinder Khanna as Independent Director of the company w.e.f. November 06, 2025.
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Gulf Oil Lubricants India reported its Q1 FY26 (quarter ended June 30, 2025) results along with key board decisions from its August 13, 2025 meeting. Standalone revenue from operations rose about 12.6% year-on-year to ₹99,636 lakhs, while net profit grew nearly 9.8% to ₹9,666 lakhs, with basic EPS at ₹19.60 versus ₹17.90 last year. Consolidated revenue stood at ₹1,01,645 lakhs with net profit of ₹9,517 lakhs. The board approved the re-appointment of Mr. Munesh Narinder Khanna as Independent Director for a second 5-year term starting November 6, 2025, and re-appointed Mr. Ravi Shamlal Chawla as Managing Director and CEO for 3 years from June 6, 2026 to June 5, 2029, both subject to shareholder approval. The 17th AGM is scheduled for September 30, 2025, with the record date for the ₹28 per share final dividend (1400% on face value of ₹2) fixed as September 19, 2025.
Strong double-digit revenue growth and steady profit expansion signal healthy business momentum, while continuity in leadership and a generous ₹28 dividend are positive for shareholder confidence and short-term sentiment.