Gulf Oil Lubricants India Limited — Board Meeting, 21-05-2025: Outcome of Board Meeting

Gulf Oil Lubricants India has announced a board meeting approving the consolidated financial results for the quarter and year ended March 31, 2025. Net profit rose to ₹357.39 Cr from ₹308.02 Cr, supported by revenue growth to ₹3,631.16 Cr and controlled costs despite higher employee expenses. The board declared a final dividend of ₹28 per share, totaling ₹48 per share for the year. The company advanced its clean mobility strategy by acquiring a 51% stake in EV fast-charger maker Tirex Transmission.