Gulf Oil Lubricants Q3 results: Profit after tax rises 29% to Rs 80.74 cr
Lubes maker Gulf Oil Lubricants has reported a 29 per cent rise in profit after tax to Rs 80.74 crore in the December 2023 quarter.
Gulf Oil Lubricant delivered a PAT of Rs 62.65 crore in the same quarter of 2022, the company said in a statement.
The company’s revenue from operations for the third quarter of this fiscal increased 4.63 per cent to Rs 817.26 crore from Rs 781.10 crore in the year-ago period, it added.
The company said it also delivered the highest-ever quarterly EBITDA (earnings before interest, taxes, depreciation and amortisation) at Rs 111.06 crore during the period under review, 23.38 per cent higher compared to Rs 90.02 crore a year ago.
