Gulf Oil jumps over 9% after reporting Q3 results

During Friday’s trading session, shares of a Hinduja Group Company and a leading player in India’s lubricant market surged nearly 9.2 percent on BSE, after the company reported a rise in net profit by around 16.3 percent QoQ and 21.6 percent YoY in Q3 FY25.

Price Movement

With a market cap of Rs. 5,660 crores, at 02:13 p.m., the shares of Gulf Oil Lubricants India Limited were trading in the green at Rs. 1,148 on BSE, up by around 6.5 percent, as compared to its previous closing price of Rs. 1,077.5.

The stock delivered positive returns of nearly 26.6 percent in one year, while around 1 percent of negative returns in the last six month.

What’s the news

The fluctuations in the share prices were observed after Gulf Oil Lubricants India Limited announced the financial results for Q3 FY25, through the recent filings with the stock exchanges.

For Q3 FY25, Gulf Oil reported revenue from operations of Rs. 904.8 crores, registering a significant growth of around 6.5 percent QoQ from Rs. 849.3 crores in Q2 FY25, and a rise of about 10.7 percent YoY from Rs. 817.3 crores in Q3 FY24.

The company’s net profit for Q3 FY25 to Rs. 98.2 crores, representing a growth of around 16.3 percent QoQ from Rs. 84.4 crores in Q2 FY25, and a year-on-year increase of nearly 21.6 percent from Rs. 80.7 crores in Q3 FY24.

EBITDA for Q3 FY25 rose to Rs. 122.2 crores, reflecting around 14 percent QoQ increase compared to Rs. 107.2 crores in Q3 FY24, while the EBITDA margin surged by 89 bps to 13.6 percent from 12.6 percent, over the same period.

Further, the company’s Board declared an interim dividend of Rs. 20 per equity share (representing 1000 percent of the face value of Rs. 2 per equity share) and fixed February 14th as the record date.

About the Company

Gulf Oil Lubricants India Limited is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants and synergy products.

Written by Shivani Singh

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