Integrated Filing — IndAS

General information about company
Scrip Code	538567
NSE Symbol	GULFOILLUB
MSEI Symbol	NOTLISTED
ISIN	INE635Q01029
Name of company	Gulf Oil Lubricants India Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	21-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	14-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Lubricants
Start date and time of board meeting	21-May-2025   15:30:00
End date and time of board meeting	21-May-2025   18:45:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	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	9527405000	36311609000
	Other income	227646000	987369000
	Total income	9755051000	37298978000
2	Expenses
(a)	Cost of materials consumed	5182932000	19250058000
(b)	Purchases of stock-in-trade	447716000	1858067000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-157851000	-89681000
(d)	Employee benefit expense	478579000	1833991000
(e)	Finance costs	101282000	359455000
(f)	Depreciation, depletion and amortisation expense	161652000	557695000
(f)	Other Expenses
1	Other Expenses	2288111000	8736351000
	Total other expenses	2288111000	8736351000
	Total expenses	8502421000	32505936000
3	Total profit before exceptional items and tax	1252630000	4793042000
4	Exceptional items	0	0
5	Total profit before tax	1252630000	4793042000
6	Tax expense
7	Current tax	341696000	1273612000
8	Deferred tax	-17575000	-52783000
9	Total tax expenses	324121000	1220829000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	928509000	3572213000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	-524000	1660000
16	Total profit (loss) for period	927985000	3573873000
17	Other comprehensive income net of taxes	-12603000	-32845000
18	Total Comprehensive Income for the period	915382000	3541028000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	921938000	3598512000
	Total profit or loss, attributable to non-controlling interests	6047000	6047000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	909284000	3565269000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	6098000	-24241000
21	Details of equity share capital
	Paid-up equity share capital	98609000	98609000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		14518585000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	18.7	73.09
	Diluted earnings (loss) per share from continuing operations	18.53	72.42
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	18.7	73.09
	Diluted earnings (loss) per share from continuing and discontinued operations	18.53	72.42
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results

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

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	2842188000
	Capital work-in-progress	19261000
	Investment property	0
	Goodwill	277190000
	Other intangible assets	777069000
	Intangible assets under development	172804000
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	144657000
	Non-current financial assets
	Non-current investments	742574000
	Trade receivables, non-current	0
	Loans, non-current	10345000
	Other non-current financial assets	42604000
	Total non-current financial assets	795523000
	Deferred tax assets (net)	1222000
	Other non-current assets	224656000
	Total non-current assets	5254570000
2	Current assets
	Inventories	5074857000
	Current financial asset
	Current investments	0
	Trade receivables, current	4943241000
	Cash and cash equivalents	10260591000
	Bank balance other than cash and cash equivalents	244501000
	Loans, current	4357000
	Other current financial assets	81498000
	Total current financial assets	15534188000
	Current tax assets (net)	0
	Other current assets	1713658000
	Total current assets	22322703000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	27577273000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	98609000
	Other equity	14518585000
	Total equity attributable to owners of parent	14617194000
	Non controlling interest	694756000
	Total equity	15311950000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	266175000
	Total non-current financial liabilities	266175000
	Provisions, non-current	0
	Deferred tax liabilities (net)	304044000
	Deferred government grants, Non-current	3345000
	Other non-current liabilities	72839000
	Total non-current liabilities	646403000
	Current liabilities
	Current financial liabilities
	Borrowings, current	4215558000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	264336000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	5327322000
	Total Trade payable	5591658000
	Other current financial liabilities	555382000
	Total current financial liabilities	10362598000
	Other current liabilities	1171202000
	Provisions, current	0
	Current tax liabilities (Net)	83112000
	Deferred government grants, Current	2008000
	Total current liabilities	11618920000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	12265323000
	Total equity and liabilites	27577273000
	Disclosure of notes on assets and liabilities

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-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		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-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement gains/ (losses) on defined benefit plans	6871000	-21543000
2	Changes in fair value of FVOCI equity instruments	-22941000	-21617000
3	Share of other comprehensive income of Associate accounted using Equity method	-71000	-71000
	Total Amount of items that will not be reclassified to profit and loss	-16141000	-43231000
2	Income tax relating to items that will not be reclassified to profit or loss	-3538000	-10386000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-12603000	-32845000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			4793042000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			321449000
	Adjustments for decrease (increase) in inventories			-137271000
	Adjustments for decrease (increase) in trade receivables, current			-4276000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-182270000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-75702000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			509596000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			206431000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			557695000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-1550000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			79978000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			38006000
	Adjustments for dividend income			0
	Adjustments for interest income			838118000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-148893000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			91784000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			416859000
	Net cash flows from (used in) operations			5209901000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1257378000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3952523000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			130874000
	Purchase of property, plant and equipment			533661000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			20150000000
	Cash receipts from repayment of advances and loans made to other parties			20150000000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			839214000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			337035000
	Net cash flows from (used in) investing activities	773462000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			51787000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			904639000
	Repayments of borrowings			0
	Payments of lease liabilities			174319000
	Dividends paid			1961335000
	Interest paid			318435000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-1497663000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			3228322000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			3228322000
	Cash and cash equivalents cash flow statement at beginning of period			7032269000
	Cash and cash equivalents cash flow statement at end of period			10260591000