Gulf Oil Lubricants India Limited's Board approved audited financial results for the quarter and year ended March 31, 2025.
The Board has recommended a final dividend of ₹28 per equity share (1400% on face value of ₹2 per share) for FY 2024-25, subject to shareholder approval at the AGM. An interim dividend of ₹20 per share was already paid, bringing the total dividend to ₹48 per share (2400% of face value).
Standalone revenue from operations for the year ended March 31, 2025, stood at ₹3,55,436.07 Lakhs, compared to ₹3,28,409.68 Lakhs in the previous year.
Standalone net profit for the year was ₹36,224.97 Lakhs, compared to ₹30,809.85 Lakhs in the previous year.
Consolidated revenue from operations for the year ended March 31, 2025, was ₹3,63,116.09 Lakhs, compared to ₹3,30,115.31 Lakhs in the previous year.
Consolidated net profit for the year was ₹35,738.73 Lakhs, compared to ₹30,801.70 Lakhs in the previous year.
The company allotted 1,36,017 equity shares of ₹2 each under its ESOP scheme during the year.
Other income includes a gain of ₹1,196.58 Lakhs from the sale of land and a building in Silvassa.
Tirex Transmission Private Limited became a subsidiary effective October 30, 2023, after the company acquired a 51% controlling stake.