Gandhar Oil Refinery has delivered its strongest-ever quarterly performance, reporting a sharp jump in profitability for the first quarter of FY27, driven by robust demand, wider margins, and improved operational execution.

 

The company posted a record consolidated Profit After Tax (PAT) of Rs. 206 crore in Q1 FY27, marking a 689% year-on-year growth compared with the same quarter last year. Revenue from operations surged 92% year-on-year to Rs. 1,732 crore, while EBITDA rose significantly to Rs. 281 crore.

 

The company’s manufacturing volumes showed broad-based momentum, with total manufacturing volumes rising to 1,31,247 kl in Q1 FY27 compared with 1,21,733 kl in Q1 FY26.

 

The growth was led by strong performance in the PHPO (Personal Care, Healthcare and Pharmaceutical Oils) segment, which continued to benefit from sustained demand. The company also saw encouraging traction in the PIO (Performance and Industrial Oils) business, supported by demand from transformer, power and rubber manufacturers.

 

Commenting on the Results, Aslesh Parekh, Joint Managing Director said: "We are pleased to announce the strongest quarter in the history of Gandhar Oil Refinery (India) Ltd., with the Company reporting its highest-ever quarterly net profit, crossing Rs. 200 crore. This record performance was driven by healthy revenue growth and robust gross margin spreads despite operating in a dynamic and challenging external environment.

 

"The operating environment during the quarter remained dynamic, shaped by geopolitical developments in West Asia, crude oil price volatility, and periodic supply chain disruptions. Our ability to respond swiftly through agile sourcing, prudent inventory management, and a favourable product mix translated into strong financial performance.

 

"Our strong performance was supported by healthy demand across key end-user industries and sustained momentum across product categories. Continued focus on value-added offerings, efficient procurement practices, and cost optimisation initiatives enabled us to achieve superior margins while also supporting volume growth."