Gulf Oil Lubricants India has introduced its new Gulf Syntrac engine oil product, expanding its lubricant portfolio in the Indian market.

Product Launch Details

The company has launched the Gulf Syntrac engine oil as part of its strategy to strengthen its position in the engine lubricants segment. This new product introduction aligns with Gulf Oil Lubricants' focus on meeting diverse customer requirements across different market segments.

Market Positioning

With the launch of Gulf Syntrac engine oil, Gulf Oil Lubricants continues to diversify its product range to cater to various automotive and industrial applications. The company operates in the chemicals sector, specifically focusing on lubricants and related products for the Indian market.

Strategic Approach

The introduction of new products like Gulf Syntrac demonstrates the company's commitment to maintaining its competitive position in the lubricants industry. This approach is characterized by:

• Continuous product development
• Market expansion initiatives
• Focus on meeting diverse customer needs

Gulf Oil Lubricants India has reported strong financial performance for the second quarter of fiscal year 2026, demonstrating growth across key metrics and strategic expansion in the electric vehicle (EV) charging sector.

Financial Highlights

The company delivered impressive results for Q2 FY26:

The robust revenue growth was primarily driven by strong performance across both B2C automotive and B2B industrial segments.

Strategic Expansion in EV Charging

In a significant move to strengthen its position in the growing electric vehicle market, Gulf Oil Lubricants India's Board has approved increasing the company's stake in its EV charger subsidiary, Tirex:

• Current stake increase: 14%
• New total stake: 65%

Tirex has shown remarkable growth, recording a 75% increase in revenue for H1 FY26, underlining the potential of this strategic investment.

Corporate Recognition

Adding to its achievements, Gulf Oil Lubricants India has been recognized as one of India's Best Managed Companies 2025 by Deloitte India. This accolade reflects the company's strong management practices and overall business performance.

Outlook

The company's robust financial performance, coupled with its strategic expansion in the EV charging sector, positions Gulf Oil Lubricants India well for future growth. The recognition from Deloitte India further validates the company's management capabilities and business strategies.

As the automotive and industrial sectors continue to evolve, Gulf Oil Lubricants India appears to be adapting its business model to capitalize on emerging opportunities, particularly in the electric vehicle space.