July 27, 2026: GP Petroleums Limited reported a standalone net profit of ₹211.8 million for the quarter ended June 30, 2026, marking a 229% year-on-year increase from ₹64.4 million in Q1FY25. The surge was primarily driven by a 45.5% rise in revenue from operations to ₹2303.3 million, supported by robust performance in its manufacturing segment. This strong operational turnaround highlights improved cost management and demand for lubricating oils and greases, positioning the company for sustained growth despite broader market volatility. Shareholders are set to benefit from a recommended final dividend of ₹0.50 per equity share for FY26, with August 19, 2026, fixed as the record date.
(Source: Scan X)
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