Gandhar Oil Refinery (India) Limited — Updates, 22-05-2025: Press Release

Gandhar Oil Refinery’s consolidated manufacturing volumes rose 6.5% YoY in Q4 and nearly 20% for FY25. Consolidated revenues increased 2.4% YoY to ₹9617 Mn, driven by standalone revenue growth of 4.8% to ₹7517 Mn despite tough markets. PHPO accounted for 47.3% of FY25 revenue, supported by lubricants and process oils. Gross margin per KL improved in Q4. The company signed a non-binding MoU for a potential ₹1000 Cr investment in Vadhvan Port, aiming to boost logistics and operational efficiency.