We wish to inform you that the Board of Directors of the Company at its meeting held today viz. Wednesday, May 27, 2026, has inter-alia, approved the Audited Financial Results (Standalone ....
GULFOILLUB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Gulf Oil Lubricants reported audited FY2026 results. Consolidated revenue grew 11.7% to Rs. 4.05 lakh crore from Rs. 3.63 lakh crore in FY2025, driven by volume and price gains. However, net profit declined 3.5% to Rs. 344.85 crore due to an exceptional charge of Rs. 22.78 crore related to new labour codes implemented in November 2025. Finance costs increased significantly by 57% to Rs. 56.38 crore. The board recommended a final dividend of Rs. 30 per share, taking total FY2026 dividend to Rs. 51 per share (Rs. 21 interim already paid). Statutory auditors SRBC & Co. LLP issued an unmodified opinion with no concerns.
Revenue growth shows strong business momentum but PAT decline due to one-time labour code adjustment and higher finance costs may create near-term pressure on sentiment. However, unchanged dividend payout signals management confidence.