GP Petroleums has reported a profit before tax of Rs 80.57 million for the first quarter of FY 2025–26, up 3 per cent from Rs 80.30 million in the same period last year. The company’s total revenue stood at Rs 1.59 billion compared to Rs 1.66 billion in Q1 FY25, reflecting a softer top line but improved margins.

The enhancement in PBT margin was attributed to operational efficiencies and disciplined cost management, offsetting the impact of a challenging petroleum sector environment marked by volatile raw material prices and subdued demand in certain segments.

Commenting on the performance, Arjun Verma, Executive Director and Chief Financial Officer, said, “The first quarter of FY 2025–26 remained challenging for the petroleum sector, with fluctuations in raw material costs and subdued demand in certain segments. While several players in the petroleum and lubricants sector faced margin pressure due to the above, GP Petroleums’ ability to expand margins in a soft revenue environment highlights the resilience of its business model. We continue to focus on value-added product segments and optimising supply chain efficiencies, which will support sustainable performance in the coming quarters.”