Gulf Oil Lubricants Records Growth in Fiscal Q3 Consolidated Profit; Shares Up 7%

MT Newswires Live

02-07

Gulf Oil Lubricants India (NSE:GULFOILLUB, BOM:538567) recorded a rise in its consolidated attributable profit to 979.1 million Indian rupees in the fiscal third quarter ended Dec. 31, 2024, against 801.0 million rupees a year ago.

Earnings per share came in at 19.72 rupees, compared with the year-ago figure of 16.05 rupees, according to a Thursday filing to the Indian stock exchanges by the auto lubricants manufacturer.

Revenue from operations in fiscal Q3 rose to 9.20 billion rupees from 8.18 billion rupees a year earlier.

The company's board declared an interim dividend of 20 rupees per equity share of the face value of 2 rupees each for the financial year 2024-25.

Shares of the company were up over 7% in recent trade.

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