Gulf Oil Lubricants India Limited — Board Meeting, 06-11-2024: Outcome of Board Meeting

Gulf Oil Lubricants India Limited announced its unaudited financial results for the second quarter and half-year ended September 30, 2024. Revenue from operations was ₹175,802.32 lakhs, with a net profit of ₹16,726.63 lakhs. The company reported increased cash flows and completed its acquisition of a 51% stake in Tirex Transmission, enhancing its market position in the electric vehicle sector. Earnings per share were ₹34.50 (basic) for the half year.