GP Petroleums posts three-fold jump in PAT to Rs 20.6 crore in June quarter

Mumbai, Jul 24 (PTI) Lubes maker GP Petroleums Ltd (GPPL) on Friday reported over three-fold jump in profit after tax (PAT) to Rs 20.6 crore in the three months to June compared to Rs 6.4 crore in the corresponding quarter last year.

Revenue from operations for the reporting quarter increased 46 per cent YoY to Rs 230.3 crore from Rs 158.2 crore in the year-ago quarter.

EBITDA nearly tripled to Rs 29.2 crore from Rs 10 crore, with EBITDA margin improving to 12.7 per cent from 6.4 per cent in Q1 FY26, the company said.

The company delivered a strong start to FY27, driven by improved operating margins, a better product mix and continued focus on operational efficiencies, a spokesperson said.

“We have commenced FY27 on a strong note, with robust growth

in revenue and profitability driven by our continued shift towards higher-margin specialty manufacturing, an improved product mix and disciplined execution. Our strategic decisions and manufacturing-led business model have enabled us to navigate the evolving geopolitical environment with greater resilience while enhancing profitability,” he said. PTI IAS MR