Refineries & Petro-Products company Gandhar Oil Refinery (India) announced Q1FY26 results Consolidated Revenues for the Q1FY26 at Rs 9,030 million compared to Rs 9,617 million in Q4FY25. Consolidated EBITDA for Q1FY26 stood at Rs 460 million, up by 37% from Rs 336 million in Q4 FY25. Consolidated PAT for Q1FY26 stood at Rs 261 million, up by 112% from Rs 123 million in Q4 FY25. Consolidated Manufacturing Gross Margin Spread for Q1FY26 stood at Rs 8,274 per KL Aslesh Parekh, Joint Managing Director said: “Despite a volatile geopolitical environment and external challenges such as the Red Sea disruption and depreciation pressures on the Indian Rupee against the US Dollar, we remain confident and optimistic about the foreseeable future. We are steadily transitioning towards higher-margin products, particularly in the PHPO segment, including the manufacturing of emollients and ester-based value-added solutions with applications in the FMCG space. Our presence across India continues to strengthen, with operations now spanning 24 states and the addition of 69 new distributors nationwide. For Q1FY26, consolidated manufacturing volumes stood at 1,21,733 KL, reflecting stable throughput despite macroeconomic headwinds. Consolidated EBITDA for the quarter was Rs 460 million, a 37% increase from Rs 336 million in Q4FY25. Consolidated PAT rose to Rs 261 million, marking a 112% growth from Rs 123 million in the previous quarter. We remain optimistic about the upcoming quarters, anticipating stabilization in global supply chains and gradual improvement in realizations. These factors reinforce our confidence in the business’s long-term fundamentals and growth trajectory.” Result PDF