GP Petroleums Reports 45.6% YoY Revenue Growth in Q1 FY27; Net Profit Triples to ₹20.58 Crore

Leading lubricant and industrial oil manufacturer GP Petroleums Limited (BSE: 532801, NSE: GPPETRO) has announced its consolidated unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27).

The company delivered a standout quarterly performance, with consolidated revenue from operations rising 45.6% year-on-year (YoY) to ₹230.33 crore (₹23,033.16 lakh), up from ₹158.21 crore in Q1 FY26. Consolidated Profit After Tax (PAT) expanded 219.5% YoY (more than tripling) to reach ₹20.58 crore (₹2,058.33 lakh), compared to ₹6.44 crore in Q1 FY26.

Financial Performance Summary

GP Petroleums demonstrated strong operational momentum and margin expansion during the quarter across both its core manufacturing and trading divisions:

Revenue from Operations: Stood at ₹23,033.16 lakh (₹230.33 crore), compared to ₹15,820.73 lakh in Q1 FY26 and ₹16,266.49 lakh in Q4 FY26. Full-year FY26 revenue was ₹64,261.09 lakh.

Other Income: Came in at ₹136.21 lakh, up from ₹59.27 lakh in Q1 FY26 and compared to ₹216.56 lakh in Q4 FY26.

Total Income: Combined income for Q1 FY27 aggregated ₹23,169.37 lakh (₹231.69 crore), up 45.8% YoY from ₹15,889.00 lakh in Q1 FY26.

Profit Before Tax (PBT): Climbed 222.5% YoY to ₹2,762.96 lakh (₹27.63 crore), after factoring in a ₹60.17 lakh share of loss from a joint venture, compared to ₹856.66 lakh in Q1 FY26 and ₹1,225.38 lakh in Q4 FY26.

Tax Expenses: Net tax outgo totaled ₹704.63 lakh, comprising ₹832.98 lakh in current tax and a deferred tax credit of ₹128.35 lakh.

Net Profit (PAT): Reached ₹20.58 crore (₹2,058.33 lakh), delivering a Basic EPS of ₹4.04 per equity share (face value ₹5/- each), compared to ₹1.26 per share in Q1 FY26 and ₹1.83 in Q4 FY26.

Total Comprehensive Income: Stood at ₹2,047.45 lakh for the quarter, after accounting for ₹10.88 lakh in remeasurement losses on defined benefit plans within Other Comprehensive Income (OCI).

Segment Revenue & Operating Profit Analysis

Manufacturing Segment

The Manufacturing segment - encompassing the production and marketing of lubricating oils, greases, and related products - served as the primary growth engine:

Segment Revenue: Rose 48.6% YoY to ₹18,234 lakh (₹182.34 crore), compared to ₹12,268 lakh in Q1 FY26 and ₹14,570 lakh in Q4 FY26.

Segment Results: Tripled YoY to ₹2,585 lakh (₹25.85 crore), up from ₹824 lakh in Q1 FY26 and ₹1,258 lakh in Q4 FY26.

Trading Segment

The Trading segment - covering base oil, bitumen, and fuel oil trading - also registered strong top-line momentum:

Segment Revenue: Grew 34.7% YoY to ₹4,799 lakh (₹47.99 crore), up from ₹3,562 lakh in Q1 FY26 and ₹1,696 lakh in Q4 FY26.

Segment Results: Stood at ₹254 lakh (₹2.54 crore), compared to ₹136 lakh in Q1 FY26 and ₹86 lakh in Q4 FY26.

Operating Expenditure Breakdown

Total expenses for Q1 FY27 totaled ₹20,346.24 lakh (₹203.46 crore), compared to ₹15,032.34 lakh in Q1 FY26 and ₹15,126.06 lakh in Q4 FY26.

Key expense lines included:

Cost of Materials Consumed: Stood at ₹14,426.61 lakh (up from ₹10,042.36 lakh in Q1 FY26).

Purchases of Stock-in-Trade: Totaled ₹6,833.53 lakh (up from ₹3,223.07 lakh in Q1 FY26).

Changes in Inventories: Finished goods and stock-in-trade inventory build-up resulted in an adjustment of -₹3,430.91 lakh.

Employee Benefits Expense: Formed ₹1,023.10 lakh, compared to ₹727.84 lakh in Q1 FY26.

Other Expenses: Stood at ₹1,341.30 lakh, up from ₹688.07 lakh in Q1 FY26.

Depreciation & Amortization: Totaled ₹85.42 lakh, compared to ₹114.63 lakh in Q1 FY26.

Finance Costs: Stood at ₹67.19 lakh, compared to ₹46.79 lakh in Q1 FY26.

Balance Sheet & Capital Structure

Paid-Up Equity Share Capital: Remained unchanged at ₹2,549.22 lakh (face value ₹5/- per share).

Reserves Excluding Revaluation Reserves: Stood at ₹32,952.15 lakh as of the previous balance sheet date.

Total Segment Assets: Consolidated assets expanded to ₹51,769 lakh as of June 30, 2026, up from ₹41,070 lakh as of June 30, 2025 (Manufacturing holding ₹30,452 lakh, Trading holding ₹5,902 lakh, and Unallocated holding ₹15,415 lakh).

Shares of GP Petroleums Limited was last trading in BSE at Rs. 41.19 as compared to the previous close of Rs. 39.23. The total number of shares traded during the day was 16101 in over 58 trades.

The stock hit an intraday high of Rs. 41.19 and intraday low of 38.51. The net turnover during the day was Rs. 646065.00.

Source : Equity Bulls

Keywords

GPPetroleums INE586G01017 Q1FY27 Q1FY2027 ResultUpdate