GANDHAR NSE filing

Gandhar Oil Refinery Q1 FY27: Record Profit ₹206 Cr, Revenue ₹1,732 Cr, Up 92% YoY

The RealCase readHigh impact Positive

Gandhar Oil Refinery (India) Limited reported its highest-ever quarterly net profit of ₹206 crore for Q1 FY27, a 689% YoY increase. Revenue rose 92% YoY to ₹1,732 crore. Gross Margin Spread expanded 3.4x to ₹28,145/kl, and volumes grew 8% YoY. The company declared an interim dividend of 100%.

Why it matters

The announcement details record financial performance with substantial growth across key metrics and a dividend payout, which is highly material for investors and stakeholders.

The market read

The company reported record-breaking financial results with significant year-on-year growth in revenue, profit, and margins, alongside a dividend declaration, indicating strong positive performance.

Gandhar Oil Refinery (India) Limited has announced its highest-ever quarterly performance for the quarter ended June 30, 2026 (Q1 FY27). The company reported a record net profit of ₹206 crore, marking a significant year-on-year increase of 689% and a quarter-on-quarter increase of 456%. Consolidated revenue surged by 92% year-on-year to ₹1,732 crore.

The Gross Margin Spread expanded substantially by 3.4 times year-on-year to ₹28,145 per kl, compared to ₹7,923 per kl in Q1 FY26. Volumes for the quarter improved by 8% year-on-year, reaching 1,31,449 kl. EBITDA grew by 512% year-on-year to ₹281 crore, with the EBITDA margin expanding by 1,020 basis points year-on-year to 21.4%.

The company attributed this record performance to healthy revenue growth, robust gross margin spreads, and effective response to a dynamic operating environment characterized by geopolitical developments and crude oil price volatility. Key segments like PHPO and PIO showed strong traction, driven by demand from personal care, healthcare, pharmaceuticals, transformer, power, and rubber manufacturing sectors. The company also declared an interim dividend of 100% of the face value.

Gandhar Oil Refinery (India) Ltd. has a 30+ year history and is a leading manufacturer of specialty oils, holding the #1 position in the white oil market in India and ranking among the top 5 globally. The company serves over 100 countries and maintains a diversified product portfolio across PHPO, Lubricants, and PIO segments.

Filing to action

What to do with a filing like this

Gandhar Oil Refinery (India) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Gandhar Oil Refinery (India) Limited. Read the original for the full detail.

View original filing