Gandhar Oil Refinery has made the audio recording of its earnings call available to investors and analysts. The call, conducted digitally on July 23, 2026, at 11:00 AM (IST), focused on the company’s un-audited financial results for the quarter ended June 30, 2026 (Q1 FY27). This disclosure ensures transparency regarding the firm’s initial performance in the new fiscal year.

The release of the audio file follows a preliminary letter dated July 18, 2026. Gandhar Oil submitted the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) of India Limited regarding the availability of the recording.

Disclosure Details

The audio recording is hosted on the company’s official website. Investors can access the file directly via the provided link. This procedural step allows stakeholders to review management’s commentary on the quarterly performance without delay.

Binal Khosla, Company Secretary and Compliance Officer of Gandhar Oil Refinery (India) Ltd, signed the communication. The letter was addressed to the Listing Compliance Departments of both BSE and NSE. BSE Scrip Code 544029 and NSE Symbol GANDHAR were cited in the correspondence.

What the Numbers Show

As this filing pertains solely to the dissemination of an audio recording rather than the financial figures themselves, no quantitative analysis is possible from this document alone. The material content—revenue, profit, or operational metrics—must be sourced from the separate financial results announcement referenced in the July 18, 2026 letter. Investors are advised to cross-reference the audio commentary with the published financial statements for a complete picture of Q1FY27 performance.

Gandhar Oil Refinery (India) Ltd reported its highest-ever quarterly net profit of ₹206 crore for the quarter ended June 30, 2026 (Q1 FY27), a 689% increase from ₹26 crore in the corresponding period of the previous year. This record performance was driven by a 92% year-on-year surge in revenue from operations to ₹1,732 crore and a 3.4x expansion in gross margin spread to ₹28,145 per kilolitre. On a quarter-on-quarter basis, consolidated net profit stood at ₹1.92 billion versus ₹407 million, while revenue came in at ₹17.3 billion versus ₹10.93 billion. The board declared an interim dividend of ₹2 per equity share, representing 100% of the face value, with the record date fixed as July 31, 2026.

The board, which met on July 22, 2026, approved the unaudited standalone and consolidated financial results. The limited review report was issued by M/s. K J K & Associates, Chartered Accountants, the statutory auditor of the company. Consolidated EBITDA for the quarter surged 512% to ₹2.8 billion from ₹637 million on a quarter-on-quarter basis, with EBITDA margin at 16.27% versus 5.83% (QoQ). Total expenses for the quarter were reported at ₹1,471.19 crore.

Financial Performance

The company's earnings per share (EPS) on a consolidated basis improved to ₹19.65 for Q1 FY27 from ₹2.68 in the prior year period. On a standalone basis, net profit for the quarter rose to ₹178.82 crore from ₹26.22 crore in the same quarter last year, while revenue from operations increased to ₹1,591.05 crore from ₹745.44 crore. Total manufacturing volumes improved 8% year-on-year to 1,31,247 kilolitres. The following table summarises the key financial metrics for the quarter:

Operational Highlights

The PHPO segment continued to anchor growth with volumes reaching 68,815 kilolitres, while the PIO segment saw encouraging traction with volumes at 17,998 kilolitres. The Lubricants segment remained largely stable with volumes of 30,073 kilolitres. The company attributed the strong performance to healthy demand across key end-user industries, agile sourcing, and a favourable product mix despite geopolitical volatility and supply chain disruptions.

Corporate Governance Updates

The board reconstituted the Risk Management Committee, appointing Mr. Shyam Chandrabhan Agrawal as Chairman to fill the casual vacancy caused by the resignation of Mrs. Deena Mehta. Additionally, Mr. Shyam Chandrabhan Agrawal was appointed as an Additional Non-Executive Independent Director for a term of five years. The 34th Annual General Meeting of the company is scheduled to be held on September 11, 2026, through Video Conferencing.