Gandhar Oil Refinery (India) Ltd Q3 FY25 Results
GANDHARQ3 FY25 ResultsAnnounced 4 Feb 2025, 04:45 pm| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 1.0K | 7.5% |
| Total Income | 1.0K | 7.5% |
| Expenditure | 980.55 | 7.4% |
| PBT | 26.88 | 8.9% |
| Net Profit | 20.42 | 12.6% |
| OPM | 0.79% | 0.29pp |
| NPM | 2.03% | 0.08pp |
| EPS | 1.98 | 3.7% |
Gandhar Oil Refinery (India) Ltd Reports Q3FY25 Results: Revenues at 10,053 Mn, Manufacturing Volumes Stable
04 Feb 2025 · 4 Feb 2025, 11:39 pm
Summary
Gandhar Oil Refinery (India) Ltd, a leading manufacturer of white oils by revenue, has announced its Financial Results for the Quarter ended December 31, 2024. The company's consolidated revenues for Q3FY25 stood at 10,053 Mn, while consolidated manufacturing volumes remained stable at 132,187 KL. The company's standalone revenues for Q3FY25 stood at 8,569 Mn, up from 7,612 Mn in Q2FY25. Despite facing headwinds in terms of decline in realization per KL and increased freight costs, the company remains confident of riding the wave and seeing a better Q4FY25 and the foreseeable future.
Key Highlights
- 1
Consolidated revenues for Q3FY25 stood at 10,053 Mn
- 2
Consolidated manufacturing volumes remained stable at 132,187 KL
- 3
Standalone revenues for Q3FY25 reached 8,569 Mn, up from 7,612 Mn in Q2FY25
- 4
Company faced headwinds in terms of decline in realization per KL and increased freight costs
- 5
Company remains confident of a better Q4FY25 and the foreseeable future
Management Comments
Aslesh Parekh
Joint Managing Director
We remain one of the largest producers of white oils globally, with PHPO products accounting for 47.14% of our consolidated turnover. Additionally, our lubricants and PIO products, including rubber processing oil and transformer oil, contribute to the diversification of our portfolio. Our consolidated manufacturing volumes for Q3 FY25 remained stable at 132,187 KL, while standalone volumes rose by 13.4% QoQ to 112,483 KL. Revenues for Q3 FY25 grew by 7.5% to 10,053 million compared to 9,351 million in Q2 FY25, with standalone revenues reaching 8,569 million in Q3FY25, up from %7,612 million in Q2FY25. During the 9MFY25 ended we have faced headwinds in terms of decline in Realization/KL and consequent reduction in margins also caused by increased freight costs, but we remain confident of riding the wave and seeing a better Q4FY25 and the foreseeable future due to our resilient products and our ability to overcome choppy and volatile environment.
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