5440292025-07-012025-09-305440292025-09-305440292025-03-315440292025-04-012025-09-305440292025-07-012025-09-30in-capmkt:OtherExpenses1Member5440292025-07-012025-09-30in-capmkt:OtherExpenses2Member5440292025-07-012025-09-30in-capmkt:OtherExpenses3Member5440292025-07-012025-09-30in-capmkt:OtherExpenses4Member5440292025-07-012025-09-30in-capmkt:OtherExpenses5Member5440292025-07-012025-09-30in-capmkt:OtherExpenses6Member5440292025-07-012025-09-30in-capmkt:OtherExpenses7Member5440292025-07-012025-09-30in-capmkt:OtherExpenses8Member5440292025-07-012025-09-30in-capmkt:OtherExpenses9Member5440292025-07-012025-09-30in-capmkt:OtherExpenses10Member5440292025-04-012025-09-30in-capmkt:OtherExpenses1Member5440292025-04-012025-09-30in-capmkt:OtherExpenses2Member5440292025-04-012025-09-30in-capmkt:OtherExpenses3Member5440292025-04-012025-09-30in-capmkt:OtherExpenses4Member5440292025-04-012025-09-30in-capmkt:OtherExpenses5Member5440292025-04-012025-09-30in-capmkt:OtherExpenses6Member5440292025-04-012025-09-30in-capmkt:OtherExpenses7Member5440292025-04-012025-09-30in-capmkt:OtherExpenses8Member5440292025-04-012025-09-30in-capmkt:OtherExpenses9Member5440292025-04-012025-09-30in-capmkt:OtherExpenses10Member5440292025-07-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15440292025-04-012025-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544029GANDHARLISTEDINE717W01049GANDHAR OIL REFINERY (INDIA) LIMITEDMain BoardEquity2025-04-012026-03-312025-11-122025-11-05INRMillionsQuarterlySecond quarterSingle segmentpetroleum products specialty oils2025-11-1213:15:002025-11-1215:40:00trueCash Flow IndirectNot applicable2025-07-012025-09-30UnauditedConsolidated105991300002952000010628650000952052000045580000-18893000011753000010274000074860000446050000101183500005103000000510300000115600000-189000011371000003965900000001140000397730000-52110000345620000360550000372000003353300001029000019576000023.683.68003.683.680.00140.06420.0569NOTES TO THE CONSOLIDATED UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30TH SEPTEMBER 2025 <BR> <BR> 1.The Statement of Consolidated Unaudited Financial Results for the quarter and half year ended September 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'). <BR> <BR> 2.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 November 12, 2025. <BR> <BR> 3.The Parent Company has received an amount of Rs 3,020.00 million (Net Proceeds Rs.2,785.38 million) from proceeds out of fresh issue of equity shares. The utilisation of IPO proceeds is summarised as under:(Rs in Million) <BR> Objects of the Issue Amount to be utilised as per Prospectus Utilisation up to September 30, 2025 Un-utilised amount as on September 30, 2025 <BR> Investment into subsidiary company -Texol Lubritech FZC by way of a loan for financing the repayment/pre-payment of a loan facility availed by Texol Lubritech FZC from the Bank of Baroda 227.13 227.13 - <BR> Capital expenditure through purchase of equipment and civil work required for expansion in capacity of automotive oil at our Silvassa Plant 277.29 277.12 0.17 <BR> Funding working capital requirements of our Company 1,850.08 1,911.29 (61.21) <BR> General corporate purposes 819.85 758.22 61.63 <BR> Net Proceeds 3,174.35 3,173.76 0.59 <BR> <BR> 4.The 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”. <BR> 5.Previous quarter's / half year's / year's figures have been regrouped / rearranged wherever necessary to confirm to those of current quarter / half year /year classification. <BR> 6.The above results are available on the Company's 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.2025-04-012025-09-30UnauditedConsolidated1962874000056450000196851900001760830000045580000-259390000232640000198850000147470000883650000188571000008280900000828090000172730000-214000017059000006575000000001140000658640000-5792000060072000062283000035810000593920000680000019576000026.366.36006.366.360.00140.05620.0488Consumption of Stores and Spares9280000Power and Fuel19740000Electricity Charges900000Labour Charges30490000Water Charges150000Security Charges2670000Repairs and Maintenance9990000Laboratory Expenses40000Rsesearch & Development expenditure10090000Others362700000Consumption of Stores and Spares17760000Power and Fuel33460000Electricity Charges2090000Labour Charges55490000Water Charges260000Security Charges4910000Repairs and Maintenance41660000Laboratory Expenses60000Rsesearch & Development expenditure20380000Others70758000033334800003179400008230000330000077900000002818000024500002041600002347900000121887000051244000006188460000073393100002878600009527100004788000022968000088574400001950000179502000016842870000002196727000019576000012703070000128988300005350600001343389000029465000000013188600001613510000626600005585000000173202000016421700001004900004204520000430501000060774000065549200002310000003250000121900000680136000000853338000021967270000198850000-1561420000-7858600000-1026000022900000928100000115823000003075000001474700000-71000030600004236900000-6062000000330000-18000000020900000-35948000046861000000-440300009281000003317700000000000003072400000306600000000000000000000440300000960000-2929100000080930000-884400000000120930000082070000489400001988500000-40520000-256960000-2181000000-218100000505970000287870000Remeasurement of Defined benefit -Actuarial Gain/Loss23900002390000Remeasurement of Defined benefit -Actuarial Gain/Loss280000280000539000005813000060000070000-52110000-57920000