GP Petroleums Q1 FY26 PBT Rises 3% to Rs 80.57 Million
ECONOMY & POLICY

GP Petroleums Q1 FY26 PBT Rises 3% to Rs 80.57 Million

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.”

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.”

Next Story
Infrastructure Energy

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Next Story
Infrastructure Energy

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Next Story
Infrastructure Energy

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?