GP Petroleums , a leading player in the lubricants and specialty oils sector, has announced strong financial results for the second quarter of fiscal year 2026, alongside a strategic restructuring of its Risk Management Committee.

Robust Financial Performance

For the quarter ended September 30, 2025, GP Petroleums reported a significant year-on-year growth in its revenue from operations:

The company's performance shows robust growth across key financial metrics, with revenue from operations increasing by 21.7% compared to the same quarter last year.

Segment-wise Performance

GP Petroleums' financial results reveal strong performances in both its manufacturing and trading segments:

The manufacturing segment, which includes the production and marketing of lubricating oils and greases, continues to be the primary revenue driver for the company.

Balance Sheet Highlights

As of September 30, 2025, GP Petroleums reported:

• Total Assets: ₹39,992.93 crore
• Total Equity: ₹34,074.74 crore
• Current Assets: ₹32,815.69 crore

These figures indicate a strong financial position and liquidity for the company.

Risk Management Committee Reconstitution

GP Petroleums has reconstituted its Risk Management Committee, effective November 15, 2025. The new committee comprises:

1. Mrs. Stuti Kacker (Chairperson)
2. Mr. Ashok Kumar Gupta (Member)
3. Mr. Pradeep Kishore Mittal (Member)
4. Mr. Dilip Vaswani (Member)

This restructuring aims to enhance the company's risk assessment and management capabilities.

Strategic Joint Venture

GP Petroleums entered into a Joint Venture Agreement with West Coast Oils LLP on May 6, 2025. This partnership aims to establish a new company focused on manufacturing and trading specialty bitumen products and allied commodities. The joint venture is yet to commence operations.

Outlook

The strong financial performance and strategic initiatives undertaken by GP Petroleums indicate a positive outlook for the company. The significant revenue growth, coupled with the reconstitution of the Risk Management Committee and the new joint venture, suggests that GP Petroleums is well-positioned for sustained growth and expansion in the lubricants and specialty oils market.

GP Petroleums Limited , a prominent player in the petroleum industry, has announced a strategic partnership with Modern International FZE, marking a significant step towards expanding its international presence. The collaboration, formalized through a Manufacturing and Marketing Agreement, aims to enhance GP Petroleums' brand visibility and reach in the United Arab Emirates (UAE) market.

Partnership Details

The agreement, effective from October 1, 2025, outlines a collaborative effort between GP Petroleums and Modern International FZE, a UAE-based company specializing in lubricant formulation, manufacturing, and marketing. Under this arrangement, Modern International FZE will manufacture, supply, and market products under GP Petroleums' "IPOL" brand in the UAE market.

Key Terms of the Agreement

The partnership includes several noteworthy terms:

Strategic Implications

This partnership represents a strategic move for GP Petroleums to leverage Modern International FZE's local market presence and manufacturing capabilities. The collaboration is expected to significantly boost the visibility and availability of GP Petroleums' IPOL brand in the UAE region.

Modern International FZE's state-of-the-art facility, spanning 10,000 square meters in the Hamriyah Free Zone, is well-equipped to produce a full range of high-quality lubricants. This aligns well with GP Petroleums' goal of expanding its product offerings in the international market.

Market Impact

The agreement is poised to strengthen GP Petroleums' position in the competitive UAE lubricants market. By partnering with a local manufacturer, the company can potentially benefit from reduced logistics costs and improved market responsiveness.

As the petroleum and lubricants industry continues to evolve, such strategic partnerships may become increasingly important for companies looking to expand their global footprint and capitalize on regional market opportunities.

Investors and industry observers will likely keep a close watch on how this partnership unfolds and its impact on GP Petroleums' international growth strategy in the coming years.