Gulf Oil Lubricants India Ltd consolidated Q1 FY2023-24 PAT higher at Rs. 68.02 crores

Gulf Oil Lubricants India Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 825.9665 crores during the period ended June 30, 2023 as compared to Rs. 805.8717 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 68.0217 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 62.1571 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 13.83 for the period ended June 30, 2023 as compared to Rs. 12.65 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 825.9665 crs	₹805.8717 crs	2.49%
Net Profit	₹68.0217 crs	₹62.1571 crs	9.44%
EPS	₹13.83	₹12.65	9.33%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 825.9665 crores during the period ended June 30, 2023 as compared to Rs.715.6993 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.68.0217 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.55.2342 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.13.83 for the period ended June 30, 2023 as compared to Rs.11.14 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 825.9665 crs	₹715.6993 crs	15.41%
Net Profit	₹68.0217 crs	₹55.2342 crs	23.15%
EPS	₹13.83	₹11.14	24.15%

Shares of Gulf Oil Lubricants India Limited was last trading in BSE at Rs. 537.60 as compared to the previous close of Rs. 529.95. The total number of shares traded during the day was 5760 in over 480 trades.

The stock hit an intraday high of Rs. 545.40 and intraday low of 515.60. The net turnover during the day was Rs. 3095958.00.

Source : Equity Bulls

Keywords

GulfOilLubricantsIndia Q1FY24 ResultUpdate