Gulf Oil Lubricants India Limited (GOLIL), part of the Hinduja Group, announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, delivering its strongest-ever quarterly performance across lubricant volumes, revenue and EBITDA. The company reported record operational momentum during the fourth quarter, supported by robust demand across automotive, industrial and OEM segments.
On a standalone basis, revenue from operations for Q4 FY26 stood at Rs 1,040.24 crores, registering a growth of 13.68% over Rs 915.08 crores reported in the corresponding quarter last year. EBITDA increased by 8.52% to Rs 135.08 crores. Consolidated revenue from operations for the quarter rose 10.76% to Rs 1,055.26 crores, while consolidated EBITDA grew 6.04% to Rs 136.52 crores.
For the full financial year FY26, standalone revenue from operations rose 12.29% to Rs 3,991.31 crores, with EBITDA increasing 8.58% to Rs 510.38 crores. Consolidated revenue crossed the Rs 4,000 crore milestone, reaching Rs 4,056.04 crores, while consolidated EBITDA surpassed Rs 500 crores at Rs 513.89 crores. The Board of Directors recommended a final dividend of Rs 30 per equity share on a face value of Rs 2 per share. Including the interim dividend of Rs 21 per share paid earlier during the year, the total dividend for FY26 stands at Rs 51 per equity share.
Commenting on the performance, Ravi Chawla, Managing Director and CEO, Gulf Oil Lubricants India Limited, said, “The quarter has been exceptionally strong for us with all-time high quarterly volumes, revenue and EBITDA. Lubricant volumes grew 14%, significantly ahead of industry growth, driven by strong traction across passenger vehicle oils, commercial vehicle oils, agriculture and industrial segments. Our OEM franchise workshop business also maintained strong momentum through sustained partnerships and deeper market penetration.” He added that the company continued to strengthen its future mobility portfolio, with EV subsidiary Tirex crossing Rs 100 crores in revenue during FY26. “The EV ecosystem remains an important long-term growth pillar for the company,” he said.
Manish Gangwal, Whole-Time Director and CFO, stated that despite elevated crude prices, currency volatility and higher raw material costs during the quarter, the company maintained operational resilience through disciplined pricing actions and cost management initiatives. “FY26 has been marked by consistent double-digit topline growth and strong execution across businesses. We remain focused on sustaining growth momentum while delivering long-term value to stakeholders,” he added.
Gulf Oil Lubricants India Limited is among India’s leading lubricant companies with a diversified portfolio across automotive and industrial lubricants. The company has a strong nationwide distribution network, partnerships with more than 50 OEMs and exports to over 25 countries. Gulf also continues to expand its presence in the evolving mobility ecosystem through investments in EV charging and mobility technology platforms.
