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(24 Jan 2026, 11:42)

Gandhar Oil Refinery Q3 PAT jumps 68% YoY to Rs 32 cr

Gandhar Oil Refinery (India) reported 67.56% surge in consolidated net profit to Rs 32.39 crore on 16.09% fall in revenue from operations to Rs 1,167.06 crore in Q3 FY26 over Q3 FY25.


Profit before tax climbed 67.93% to Rs 45.14 crore in Q3 FY26 as compared with Rs 26.88 crore posted in Q3 FY25.

EBITDA stood at Rs 59.1 crore, registering growth of 42.06% as compared with Rs 41.6 crore recorded in previous quarter same fiscal.

On a nine-month basis, the company’s consolidated net profit soared 38.53% YoY to Rs 94.70 crore, while revenue increased 6.63% YoY to Rs 3,129.93 crore in 9M FY26 compared with 9M FY25.

Aslesh Parekh, joint managing director said, “We delivered a strong performance in Q3 FY26, supported by sustained domestic demand and our strategic focus on high-margin PHPO products. Despite global macroeconomic headwinds and logistical disruptions, we recorded sequential growth across all major financial indicators. Looking ahead, we remain optimistic about domestic demand and expect steady improvement in international logistics, further strengthening our confidence.

Gandhar Oil Refinery India is a leading manufacturer of white oils by revenue with a growing focus on the consumer and healthcare end-industries. It is engaged in producing pharmaceutical, health care, and performance oil (PHPO), process insulating oil (PIO) and lubricants. The firm’s products are sold under flagship brand “Divyol”.

The counter advanced 2.98% to Rs 163.90 on the BSE.

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