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Incorporated in 1983, GP Petroleums Ltddoes Manufacturing & Marketing of Industrialand Automotive Lubricants, Rubber ProcessOils etc. and Trading of Base Oil, Fuel oil andBitumen
GP Petroleums reported strong Q1 results: PAT surged 220% to ₹20.6 Cr, revenue rose 46% to ₹230.3 Cr, and EBITDA margin expanded to 12.7%. The Board approved a Re.0.50 per share dividend for FY26, driven by improved margins and strategic shift.
GP Petroleums' JV, Amron Oil Resources, secured a key operating partner role with IOCL for its Pipavav Bitumen Cell. This strengthens GPPL's presence in infrastructure, ensuring efficient supply of specialty bitumen for regional road development.
GP Petroleums approved financial results: 642.61 Cr revenue, 26.47 Cr profit for FY26 (includes 3.26 Cr exceptional charge for new labor codes). Board re-appointed auditors, appointed new management personnel and directors, and accepted a director's resignation. Company plans 19 Cr land acquisition for warehouse expansion.
GP Petroleums reported FY26 PAT of Rs. 26.47 Cr on revenue of Rs. 642.61 Cr. The board approved acquiring land for Rs. 19 Cr for warehouse expansion and strengthening logistics. Key board changes include two new Non-Executive Directors and one resignation.
GP Petroleums (GPPL) Q4FY26 PAT rose 8% to Rs 9.3 Cr, despite lower revenue. FY26 PAT stood at Rs 26.5 Cr, impacted by a Rs 3.25 Cr wage provision. Management highlighted market strengthening but warned of geopolitical volatility affecting raw material costs.