Gandhar Oil Refinery's Subsidiary Launches Free Dialysis Center in Mumbai
Gandhar Foundation, a wholly-owned subsidiary of Gandhar Oil Refinery (India) Limited, has opened a free dialysis center in Malad West, Mumbai. The facility, inaugurated on July 21, 2025, by Maharashtra Chief Minister Devendra Fadnavis, aims to provide accessible healthcare to underprivileged patients with chronic kidney diseases. This initiative is part of the company's corporate social responsibility efforts, addressing the need for affordable dialysis treatments and contributing to community healthcare development.
22May 25
Gandhar Oil Refinery Reports Q4 Financial Results: Net Profit and Revenue Decline
Gandhar Oil Refinery's Q4 results show a significant decline in financial performance. Net profit decreased by 39.38% to ₹117.00 million, while revenue fell by 4.00% to ₹9.60 billion compared to the previous quarter. EBITDA dropped by 19.23% to ₹336.00 million, and the EBITDA margin contracted by 65 basis points to 3.49%.
22Apr 25
Gandhar Oil Refinery Inks MoU with JNPA for ₹1,000 Crore Vadhvan Port Development
Gandhar Oil Refinery has signed a non-binding MoU with Jawaharlal Nehru Port Authority to develop Vadhvan Port, with an estimated investment of ₹1,000 crore. The project, set to commence in 2030, includes developing a terminal for various cargo types, marine services infrastructure, intermodal connectivity, and IT solutions. The agreement is subject to a competitive bidding process, and a binding agreement will be executed upon successful bid acceptance.
21Apr 25
Gandhar Oil Refinery Inks MoU for ₹1,000 Crore Vadhvan Port Development Project
Gandhar Oil Refinery has signed a non-binding MoU with Jawaharlal Nehru Port Authority to participate in the development of Vadhvan Port. The project, estimated at ₹1,000 crore, includes terminal development for various cargo types, marine services, intermodal connectivity, and IT infrastructure. Expected to commence in 2030, the agreement is subject to a competitive bidding process. This move signals the company's intent to diversify operations and strengthen its position in logistics and infrastructure.