Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
We hereby inform you that the Company has concluded its earnings conference call with several Analysts/ Institutional Investors on the Unaudited Financial Results of the Company for the Q2 ended September 30, 2023 on Thursday, October 26, 2023. The audio recording of the earnings conference call is uploaded on the website of the Company. Q2FY24 Quarterly & H1FY24 Bi-Annual Result Announced for Gulf Oil Lubricants India Ltd.
Oil Marketing & Distribution company Gulf Oil Lubricants India announced Q2FY24 & H1FY24 results: Q2FY24 Revenue at Rs 802.30 crore, Up 11.51 % YoY Q2FY24 EBITDA at Rs 100.48 crore, Up 25.22% YoY Q2FY24 PAT at Rs 73.63 crore, Up 41.22% YoY H1FY24 Revenue at Rs 1614.01 crore, Up 13.19 % YoY H1FY24 EBITDA at Rs 193.27 crore, Up 16.94% YoY H1FY24 PAT at Rs 141.93 crore, Up 32.06% YoY Commenting on the performance, Ravi Chawla, Managing Director & CEO, Gulf Oil Lubricants India, said, “I am delighted by the performance of 2nd quarter with the Company delivering Rs 100 crore EBITDA in a single quarter backed by 2x the industry volume growth and improved margins. With a double-digit revenue growth and double-digit volume growth in most segments, the Company is confidently on track to continue its 'ahead of industry' performance and gain market shares. Our brand investments to enhance brand visibility through promotions and increase usage through distribution for consumers and partners continued in the quarter as well. Towards this effort our flagship initiative “Surakshabandhan” resonated strongly with the trucker community, leaving a highly positive impact. Our strategy to continue to focus on distribution growth in retail will augur well for the segment over the coming quarters/years. The recent developments in geo-political situations in the Middle East along with the ongoing Russia-Ukraine war will continue to require close margin management focus going forward as well. Our robust cash generations enable us to look for opportunities in the emerging fields of EVs and other adjacencies and explore areas where the Gulf can play a key role basis synergy with our current strengths and future strategies”. Result PDF Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Newspaper Publication
We enclose herewith the extracts of the newspaper publication of the Unaudited Financial Results of the Company for the second quarter and half year ended September 30, 2023. Gulf Oil Lubricants India Ltd - 538567 - Disclosure Of Related Party Transactions For The Half-Year Ended September 30, 2023
We enclose herewith the disclosure of Related Party Transactions for the half-year ended September 30, 2023. Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose herewith a copy of the Media Release of the Company in respect of the Unaudited Financial Results of the Company for the second quarter and half year ended September 30, 2023. Gulf Oil Lubricants India Ltd - 538567 - Board Meeting Outcome for Board Meeting Outcome For The Unaudited Financial Results For The Second Quarter And Half Year Ended September 30, 2023
We wish to inform you that the Board of Directors of Gulf Oil Lubricants India Limited (''the Company'') at its meeting held today viz. Wednesday, October 25, 2023 has inter-alia approved the Unaudited Financial Results for the second quarter and half year ended September 30, 2023 and unmodified Limited Review Report on the said Unaudited Financial Results issued by Statutory Auditors - Price Waterhouse LLP. Gulf Oil Lubricants India Ltd - 538567 - Financial Results For The Second Quarter And Half Year Ended September 30, 2023
We enclose herewith unaudited financial results for the second quarter and half year ended September 30, 2023 and the unmodified limited review report on the said financials. Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We enclose herewith Media Release issued by the Company titled " Gulf Oil and S-OIL SEVEN Join forces to Expand Footprint in India" Gulf Oil Lubricants India Ltd - 538567 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Please refer attached intimation of schedule of Analyst/ Institutional Investor Meet under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Gulf Oil Lubricants India Ltd - 538567 - Board Meeting Intimation for To Inter-Alia, Consider And Approve The Unaudited Standalone And Consolidated Financial Results Of The Company For The Second Quarter And Half Year Ended September 30, 2023, Which Shall Be Subject To Limited Review By The Statutory Auditors.
Gulf Oil Lubricants India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/10/2023 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the second quarter and half year ended September 30, 2023, which shall be subject to limited review by the Statutory Auditors.