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Gulf Oil Lubricants India posted record quarterly volume of 39,500 kl (+7% YoY) and revenue over INR915 crore. EBITDA reached a peak of INR124.47 crore with a 13.6% margin despite volatility. Full-year revenue exceeded INR3,500 crore with EBITDA up 12% and PAT rising 17.5%. AdBlue volumes grew 10-15% YoY to 140,000 kl, while subsidiary Tirex’s EV charger revenue tripled to ~INR79 crore with positive EBITDA. Management aims for 2x industry volume growth, 12-14% sustainable margins, and focuses on premium products, EV mobility, and distribution expansion. Cash exceeds INR1,000 crore with plans for capex and EV investments.