5440292025-10-012025-12-315440292025-12-315440292025-04-012025-12-315440292025-10-012025-12-31in-capmkt:OtherExpenses1Member5440292025-10-012025-12-31in-capmkt:OtherExpenses2Member5440292025-10-012025-12-31in-capmkt:OtherExpenses3Member5440292025-10-012025-12-31in-capmkt:OtherExpenses4Member5440292025-10-012025-12-31in-capmkt:OtherExpenses5Member5440292025-10-012025-12-31in-capmkt:OtherExpenses6Member5440292025-10-012025-12-31in-capmkt:OtherExpenses7Member5440292025-10-012025-12-31in-capmkt:OtherExpenses8Member5440292025-10-012025-12-31in-capmkt:OtherExpenses9Member5440292025-10-012025-12-31in-capmkt:OtherExpenses10Member5440292025-04-012025-12-31in-capmkt:OtherExpenses1Member5440292025-04-012025-12-31in-capmkt:OtherExpenses2Member5440292025-04-012025-12-31in-capmkt:OtherExpenses3Member5440292025-04-012025-12-31in-capmkt:OtherExpenses4Member5440292025-04-012025-12-31in-capmkt:OtherExpenses5Member5440292025-04-012025-12-31in-capmkt:OtherExpenses6Member5440292025-04-012025-12-31in-capmkt:OtherExpenses7Member5440292025-04-012025-12-31in-capmkt:OtherExpenses8Member5440292025-04-012025-12-31in-capmkt:OtherExpenses9Member5440292025-04-012025-12-31in-capmkt:OtherExpenses10Member5440292025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15440292025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15440292025-12-31Statement15440292025-10-012025-12-31Statement15440292025-12-31StatementDynamic1I1Statement15440292025-12-31StatementDynamic1I2Statement15440292025-12-31StatementDynamic1I3Statement15440292025-12-31StatementDynamic1I4Statement1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544029GANDHARLISTEDINE717W01049GANDHAR OIL REFINERY (INDIA) LIMITEDMain BoardEquity2025-04-012026-03-312026-01-232026-01-16INRCroresQuarterlyThird quarterSingle segmentpetroleum products speciality oils2026-01-2313:15:002026-01-2316:05:00Not applicabletrue1falseNot Applicable2025-10-012025-12-31UnauditedStandalone92260000009280000093188000008018100000410300000-4970000089800000628000006140000026580000088585000004603000000460300000111000000-87000001023000000358000000000035800000030000035830000019580000023.663.66003.663.6600.07830.0685NOTES TO THE STANDALONE UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER 2025 <BR> <BR> 1 The Statement of Standalone Unaudited Financial Results for the quarter and nine months ended December 31, 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 standalone financial results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at their respective meetings held on January 23, 2026. <BR> <BR> 3 The Company has received an amount of Rs 302.00 crore (Net Proceeds Rs.278.54 crore/ Rs.317.44 crore including IPO Expenses) from proceeds out of fresh issue of equity shares. The utilisation of IPO proceeds is summarised as under: (Rs. in crore) <BR> Objects of the Issue Amount to be utilised as per Prospectus Utilisation up to December 31, 2025 Un-utilised amount as on December 31, 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 22.71 22.71 - <BR> Capital expenditure through purchase of equipment and civil work required for expansion in capacity of automotive oil at our Silvassa Plant 27.73 27.73 <BR> Funding working capital requirements of our Company 185.01 185.01 <BR> General corporate purposes 81.99 81.99 <BR> Net Proceeds 317.44 317.44 <BR> <BR> 4.The Company 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.The company has changed the presentation currency of financial results from Rs. in million to Rs. in crore from the current quarter and accordingly all the Previous period figures have been rounded off to the nearest crores. The previous quarter's / year's figures have been regrouped / rearranged wherever necessary to confirm to those of current quarter /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.2025-04-012025-12-31UnauditedStandalone247531000001601000002491320000022078300000466600000-39930000024020000018270000018370000094700000023699200000121400000001214000000282200000-109000002713000000942700000000094270000050000094320000019580000029.639.63009.639.6300.07770.0677Consumption of Stores and Spares9300000Power and Fuel11400000Electricity Charges700000Labour Charges21900000Water Charges600000Security Charges1700000Repairs and Maintenance6400000Laboratory Expenses100000Research & Development expenditure10500000Others203200000Consumption of Stores and Spares26600000Power and Fuel38600000Electricity Charges2600000Labour Charges73800000Water Charges800000Security Charges6600000Repairs and Maintenance41400000Laboratory Expenses100000Research & Development expenditure30900000Others725600000Remeasurement of Defined benefit -Actuarial Gain/Loss400000400000Remeasurement of Defined benefit -Actuarial Gain/Loss70000070000010000020000000300000500000Public Issues2023-11-30500692000002025-12-31trueICRA LimitedfalseAslesh ParekhManaging DirectorMumbai2026-01-23Investment into Texol by way of a loan for financing the repayment/prepayment of a loanNo22710000002271000000Capital expenditure through purchase of equipment and civil work required for expansion in capacity of automotive oil at our Silvassa PlantNo27730000002771000000Funding working capital requirements of our CompanyNo1850100000191170000019117000000General corporate purposesNo2765000003957000003957000000