Oil Marketing & Distribution company Gulf Oil Lubricants India announced Q1FY26 results Q1FY26 Consolidated Financial Highlights: Revenues at Rs 1,016.45 crore, up 13.69% YoY. EBITDA at Rs 127.39 crore, up 12.29% YoY. EBITDA Margin at 12.53%, down 16 BPS YoY. PAT at Rs 95.17 crore, up 12.90% YoY. Q1FY26 Stanadlone Financial Highlights: Revenues at Rs 996.36 crore, up 12.57% YoY. EBITDA at Rs 126.58 crore, up 8.89% YoY. EBITDA Margin at 12.70%, down 43 BPS YoY. PAT at Rs 96.66 crore, up 9.81% YoY Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India, said: “The year began on a strong note, delivering yet another market-leading performance, achieving double-digit volume growth of 11% during the quarter, clearly over 3x the industry growth rate. This underscores the strength of our brand and the continued trust of our consumers. This all-round performance was driven by gains across segments, with the Motorcycle Oil (MCO) category in the B2C segment leading the way with strong double-digit growth. The campaign, new pack introduction and the on-ground activations for our recent Pride relaunch featuring the latest upgraded API-SP specifications were well-received and supported the momentum in the MCO category. While the OEM Factory Fill was flattish due to subdued new vehicle sales, OEM Franchise Workshops (FWS) delivered excellent results with high double-digit volume growth across categories, particularly Agri OEMs. The B2B Industrial segment also recorded double-digit growth, with continued new customer acquisitions across industries, with high double-digit growth in the metal industry and the infrastructure segments. Our agility in market responsiveness, along with continued focus on product premiumization, has enabled us to deliver this performance. Our EV charger subsidiary, Tirex, continued to perform well and closed the quarter with over 163% growth in topline, catering to a broader customer base. This reflects our ongoing commitment to strengthening the EV segment in line with our long-term vision. We are advancing strategically and continue to remain focused on strengthening consumer engagements, enhancing our product portfolio, people development, and building capabilities across both our core and EV segments to carry forward the strong momentum and unlock the next phase of growth.” Manish Gangwal, CFO, Gulf Oil Lubricants India, said: “We are quite excited to see our consolidated revenue crossing Rs 1,000 crore as we concluded the quarter with the highest-ever Volume, Revenue, and EBITDA, driven by strong strategic execution resulting in profitable, volume-led growth. With double-digit topline growth and notable improvement in gross margin, operating profit for the quarter stood at Rs 126.58 crore, growth of 8.9% over the same period last year with slight impact in EBITDA margin at 12.7% while remaining within the guided band of 12-14% in the volatile macro environment as we also continue to invest in brand and other long-term initiatives. Further, we remain focused on operational efficiency and enhancing profitability, in line with our strategic objectives. As the year progresses, we remain watchful of the geopolitical developments. We remain committed to delivering consistent growth in our core business while also growing our mobility segment, which is yielding very encouraging results. Overall, we are well-positioned to capitalise on opportunities across our businesses, ensuring long-term and sustainable value creation for all our stakeholders.” Result PDF