Integrated Filing — IndAS



General information about company
Scrip Code 544029
NSE Symbol GANDHAR
MSEI Symbol LISTED
ISIN INE717W01049
Name of company GANDHAR OIL REFINERY (INDIA) LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 08-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment petroleum products specialty oils
Start date and time of board meeting 08-Aug-2025   11:30:00
End date and time of board meeting 08-Aug-2025   12:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 9029610000
Other income 26930000
Total income 9056540000
2 Expenses
(a) Cost of materials consumed 8087780000
(b) Purchases of stock-in-trade 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -70460000
(d) Employee benefit expense 115110000
(e) Finance costs 96120000
(f) Depreciation, depletion and amortisation expense 72610000
(f) Other Expenses
1 Consumption of Stores and Spares 8480000 8480000
2 Power and Fuel 13720000 13720000
3 Electricity Charges 1190000 1190000
4 Labour Charges 25000000 25000000
5 Water Charges 110000 110000
6 Security Charges 2230000 2230000
7 Repairs and Maintenance 31670000 31670000
8 Laboratory Expenses 20000 20000
9 Rsesearch & Development expenditure 10290000 10290000
10 Others 344890000 344890000
Total other expenses 437600000
Total expenses 8738760000
3 Total profit before exceptional items and tax 317780000
4 Exceptional items 0
5 Total profit before tax 317780000
6 Tax expense
7 Current tax 57130000
8 Deferred tax -250000
9 Total tax expenses 56880000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 260900000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 260900000
17 Other comprehensive income net of taxes -5810000
18 Total Comprehensive Income for the period 255090000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 262290000
Total profit or loss, attributable to non-controlling interests -1390000
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 258590000
Total comprehensive income for the period attributable to owners of parent non-controlling interests -3500000
21 Details of equity share capital
Paid-up equity share capital 195760000
Face value of equity share capital 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.68
Diluted earnings (loss) per share from continuing operations 2.68
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.68
Diluted earnings (loss) per share from continuing and discontinued operations 2.68
24 Debt equity ratio 0.0014
25 Debt service coverage ratio 0.0479
26 Interest service coverage ratio 0.0403
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1 The Statement of Consolidated Unaudited Financial Results for the quarter ended June 30 2025 have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 Interim Financial Reporting Ind AS 34 prescribed under Section 133 of the Companies Act 2013 and other accounting principles generally accepted in India read with relevant rules issued thereunder and in terms of the Securities and Exchange Board of India Listing Obligations and Dislcosure Requirements Regulations 2015 as amended Listing Regulations. n2 The above Unaudited consolidated financial results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at their respective meetings held on August 08 2025. n3 The Parent Company has received an amount of Rs 3020.00 million Net Proceeds Rs.2785.38 million Rs.3174.35 Million including IPO Expenses from proceeds out of fresh issue of equity shares. The utilisation of IPO proceeds is summarised as under n nObjects of the IssuetAmount to be nutilised as per ProspectustUtilisationttup totJunet30 n2025tUnutilised amount nas ontJune 30 2025 nInvestment into subsidiary company Texol Lubritech FZC by way of a loan for financing the repayment prepayment of a loan facility availed by Texol Lubritech FZC from the Bank of Barodat227.13t227.13t nCapital expenditure through purchase of equipment and civil work required for expansion in capacity of nautomotive oil at our Silvassa Plantt277.29t277.12t0.17 nFunding working capital requirements of our Companyt1850.08t1911.29t61.21 nGeneral corporate purposes & IPO Expensest819.85t758.22t61.63 nNet Proceedst3174.35t3173.76t0.59 n4tThe Group is primarily engaged in manufacturing and trading of of petroleum products specialty oils. Accordingly the company has only one reportable segment petroleum products specialty oils as per IND AS 108 Operating Segment. n5 The consolidated amounts for the quarter ended 31st March 2025 are the balancing amounts between the audited amounts in respect of the full financial year and the limited reviewed year to date amounts upto the third quarter of the relevant financial year. n6tPrevious quarters years figures have been regrouped rearranged wherever necessary to confirm to those of current quarter year classification. n n7 The above results are available on the Companys website www.gandharoil.com and also on the website of BSE www.bseindia.com and NSE www.nseindia.com where the shares of the Company are listed.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of Defined benefit -Actuarial Gain/Loss -2110000 -2110000
Total Amount of items that will not be reclassified to profit and loss -2110000
2 Income tax relating to items that will not be reclassified to profit or loss -530000
3 Amount of items that will be reclassified to profit and loss
1 Exchange differences in translating financial statement of foreign operations -4230000 -4230000
Total Amount of items that will be reclassified to profit and loss -4230000
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income -5810000