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Gandhar Oil reported FY26 revenue of ₹4,241.2 Crore, up 9% year-on-year. Strong performance in the PHPO segment drove significant growth in profitability and manufacturing volumes.
Gandhar Oil reported FY26 revenue of ₹4,241.2 Cr with PAT at ₹137.2 Cr. PHPO remains the dominant segment (48% of revenue) catering to consumer and healthcare industries.
Gandhar Oil Refinery is incorporating a wholly owned subsidiary in South Africa for petroleum product distribution. The company plans to invest up to ₹50 Crore.
Gandhar Oil Refinery approved a purchase agreement at its board meeting. The transaction is expected to conclude by October 2026, subject to regulatory confirmations.
Gandhar Oil Refinery announced several leadership changes, including appointing Jatin Dhamani as Executive Director. These strategic appointments aim to strengthen corporate governance and operational oversight.
Gandhar Oil Refinery (India) Ltd reported revenue from operations of ₹1,093 Cr (+13.7% YoY) and net profit of ₹37 Cr (+200.8% YoY) for Q4 FY26.
Gandhar Oil Refinery reported standalone annual total income of ₹3,444 Crore. The Board also approved a new subsidiary in South Africa and land purchase in Panvel.
Gandhar Oil Refinery will hold a board meeting on May 26, 2026. Directors will consider audited financial results for the quarter and year ended March 2026.
Mrs. Deena Mehta resigned as Non-Executive Independent Director of Gandhar Oil Refinery with immediate effect due to pre-occupation. She confirmed no other material reasons for her departure.
Mr. Sanjay Bharadwaj resigned as Senior Vice President Manufacturing at Gandhar Oil Refinery effective May 05, 2026. The departure is attributed to personal reasons.
Gandhar Oil Refinery received a favorable ₹22.92 Crore customs refund order. The sanctioned amount for 2018-20 periods will significantly augment the company's working capital.
Gandhar Oil Refinery (India) Ltd has completed the acquisition of an 18,353 sq. mtrs. land parcel in Silvassa from Narmada Creations for ₹22.78 Crore. The land adjoins its existing factory location, supporting future operational needs.
Gandhar Oil Refinery (India) Limited has completed the sale of its immovable property located in Mohali, Punjab. The transaction, valued at ₹16,080.0 Crore, was finalized on April 30, 2026. This disposal follows the initial board approval announced in January 2026.
Gandhar Oil Refinery (India) Ltd successfully completed the sale of its land in Mohali, Punjab, to Mr. Tarundeep Singh for ₹1.61 Crore. The transaction was finalized via a Sale Deed executed on April 30, 2026. The buyer does not belong to the promoter group.
Gandhar Oil Refinery (India) Limited confirmed it does not qualify as a 'Large Corporate' for FY 2026-27 under SEBI norms. The company reported nil outstanding borrowings as of March 31, 2026. It maintains an 'ACUITE A | Stable' credit rating from Acuité Ratings & Research Limited.
Gandhar Oil Refinery (India) Ltd reported net profit of ₹34.3 Cr (+68.1% YoY) for Q3 FY26.
Gandhar Oil Refinery (India) Limited submitted its quarterly compliance certificate under SEBI (Depositories and Participants) Regulations for the period ended March 31, 2026. The certificate confirms that security certificates received for dematerialisation were processed and substituted in the register of members within prescribed timelines.