GULFOILLUB Gulf Oil Lubricants India Q2 FY25 results (Jul–Sep 2024) and concall
Gulf Oil Lubricants India Limited delivered a strong Q2 FY25, marked by robust 9% volume growth, significantly outperforming the market. Profitability remained healthy with a 100bps gross margin improvement and 12.6% EBITDA. Strategic investments in brand campaigns and the EV charging business (Tirex) are showing promising early results, with Tirex's H1 revenue tripling year-on-year. The company maintains a positive outlook, aiming for continued market share gains and long-term margin expansion.
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What they filed
| Line item | Q2 FY25 |
|---|---|
| Revenue | 849 |
| EBITDA | 107 |
| Net profit | 84 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
