Gulf Oil Lubricants India PAT grows 41% to Rs 73.63 cr in Sept quarter
Lubes maker Gulf Oil Lubricants India on Wednesday said its profit after tax grew 41.22 per cent year-on-year to Rs 73.63 crore in the September quarter.
The company had booked a Profit After Tax (PAT) of Rs 52.14 crore in the second quarter of fiscal 2022-23.
The top line increased 12 per cent to Rs 802 crore in the reporting quarter as against Rs 719.50 crore in Q2FY23, it said.
The quarter witnessed a good all-round performance on volume, revenue, margin and profit fronts with continued robust double-digit revenue growth and further sequential improvement in margins leading to the first time crossing the Rs 100 crore EBITDA mark in a single quarter, Gulf Oil said.
