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Gulf Oil Lubricants India Ltd Q3FY24; 25% rise in Profits

Gulf Oil Lubricants Ltd is engaged in the business of manufacturing, marketing and trading of automotive and non-automotive lubricants. It is among the top three lubricant companies in India among private players.

Financial Results:

Gulf Oil Lubricants India Ltd reported Revenues for Q3FY24 of ₹818.00 Crores up from ₹781.00 Crore year on year, a rise of 4.74%.

Total Expenses for Q3FY24 of ₹728.00 Crores up from ₹711.00 Crores year on year, a rise of 2.39%.

Consolidated Net Profit of ₹79.00 Crores up 25.4% from ₹63.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹16.32, up 27.70% from ₹12.78 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: oil
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