However, except for this impact, the company has grown from 9-10%, with an overall company-to-consumer business-to-business ratio (B2C-B2B) ratio of 55:45. , it’s stable.
“The motorcycle-like segments are working well, with double-digit growth high. The industrial and infrastructure segments are also being featured again, with double-digit growth. The factory filling segment is affected. But we see signs of recovery. We expect growth to accelerate as union budget announcements benefit the middle class,” he said.
In the battery and electric vehicle (EV) business, Chawla renews its goal of double sales while achieving revenue before interest, tax, depreciation and amortization (EBITDA) profitability. I’ve checked. Gulf Oil already has 1,800 dc chargers installed and is aiming to expand it further. The company has a long-term vision to grow its battery business to 300 crores.
Also Read: Gulf oil lubricant flags margin concerns as oil prices skyrocket, rupees weaken
Financially, Gulf oil lubricant reported that its net profit increased by 21.7% (Q3FY25) from October to December 2024, reaching 98.2 crores compared to 80.7 crores a year ago . The company also declared a provisional dividend of £20 (1000%) per share on its record date on February 14th.
The company’s market capitalization is 24,389.27 crore, with stocks increasing by around 25% over the past year.
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