Gulf Oil FY26 Revenue Crosses Rs 40.56 Billion

28 May 2026 CW Team

Gulf Oil Lubricants India, a Hinduja Group company, reported record quarterly performance for Q4 FY26, with standalone revenue from operations rising 13.7 per cent YoY to Rs 10.40 billion. Standalone EBITDA grew 8.5 per cent YoY to Rs 1.35 billion, while EBITDA margin stood at 13.0 per cent.

For FY26, standalone revenue increased 12.3 per cent YoY to Rs 39.91 billion, while EBITDA rose 8.6 per cent to Rs 5.10 billion. On a consolidated basis, revenue crossed Rs 40 billion to reach Rs 40.56 billion, up 11.7 per cent YoY. Consolidated EBITDA stood at Rs 5.14 billion, growing 8.8 per cent YoY.

The company said Q4 lubricants volume grew 14 per cent YoY, outperforming industry growth by over three times. Growth was broad-based across passenger car motor oils, commercial vehicle oils, agri, OEM franchise workshops, B2B industrial, infrastructure and mining segments.

The Board declared a final dividend of Rs 30 per equity share, taking the total FY26 dividend to Rs 51 per share. Gulf Oil said its EV subsidiary Tirex Chargers crossed Rs 1 billion in revenue during FY26, supported by new customer additions and orders for bus EV chargers across Mumbai, Bhopal and Dehradun airports.

The company also extended its Chennai Super Kings partnership and renewed its multi-year alliance with Mahindra & Mahindra’s Farm Equipment Business.

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