5440292026-01-012026-03-315440292026-03-315440292025-03-315440292025-04-012026-03-315440292026-01-012026-03-31in-capmkt:OtherExpenses1Member5440292026-01-012026-03-31in-capmkt:OtherExpenses2Member5440292026-01-012026-03-31in-capmkt:OtherExpenses3Member5440292026-01-012026-03-31in-capmkt:OtherExpenses4Member5440292026-01-012026-03-31in-capmkt:OtherExpenses5Member5440292026-01-012026-03-31in-capmkt:OtherExpenses6Member5440292026-01-012026-03-31in-capmkt:OtherExpenses7Member5440292026-01-012026-03-31in-capmkt:OtherExpenses8Member5440292026-01-012026-03-31in-capmkt:OtherExpenses9Member5440292026-01-012026-03-31in-capmkt:OtherExpenses10Member5440292025-04-012026-03-31in-capmkt:OtherExpenses1Member5440292025-04-012026-03-31in-capmkt:OtherExpenses2Member5440292025-04-012026-03-31in-capmkt:OtherExpenses3Member5440292025-04-012026-03-31in-capmkt:OtherExpenses4Member5440292025-04-012026-03-31in-capmkt:OtherExpenses5Member5440292025-04-012026-03-31in-capmkt:OtherExpenses6Member5440292025-04-012026-03-31in-capmkt:OtherExpenses7Member5440292025-04-012026-03-31in-capmkt:OtherExpenses8Member5440292025-04-012026-03-31in-capmkt:OtherExpenses9Member5440292025-04-012026-03-31in-capmkt:OtherExpenses10Member5440292026-03-31OtherNoncurrentFinancialAssetsDomain15440292026-03-31OtherNoncurrentFinancialAssetsDomain25440292026-03-31OtherNoncurrentAssetsDomain15440292026-03-31OtherNoncurrentAssetsDomain25440292026-03-31OtherNoncurrentAssetsDomain35440292026-03-31OtherCurrentFinancialAssetsDomain15440292026-03-31OtherCurrentFinancialAssetsDomain25440292026-03-31OtherCurrentAssetsDomain15440292026-03-31OtherCurrentAssetsDomain25440292026-03-31OtherCurrentAssetsDomain35440292026-03-31OtherCurrentAssetsDomain45440292026-03-31OtherNoncurrentFinancialLiabilitiesDomain15440292026-03-31OtherCurrentFinancialLiabilitiesDomain15440292026-03-31OtherCurrentFinancialLiabilitiesDomain25440292026-03-31OtherCurrentLiabilitiesDomain15440292026-03-31OtherCurrentLiabilitiesDomain25440292026-03-31OtherCurrentLiabilitiesDomain35440292026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15440292025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares544029GANDHARNOTLISTEDINE717W01049GANDHAR OIL REFINERY (INDIA) LIMITEDMain BoardEquity2025-04-012026-03-312026-05-262026-05-20INRCroresQuarterlyFourth quarterSingle segmentpetroleum products specialty oils2026-05-2615:00:002026-05-2618:30:00trueCash Flow IndirectNot applicable2026-01-012026-03-31AuditedConsolidated10933700000420000001097570000092013000008540000028160000023230000076100000766000004976000001045090000052480000005248000001432000001110000015430000003705000000000370500000-61700000308800000406800000-36300000382200000-7340000019580000024.164.16004.164.160.00120.08350.0734NOTES TO THE CONSOLIDATED AUDITED FINANCIAL RESULTS FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2026 <BR> <BR> 1 The Statement of Consolidated Audited Financial Results for the quarter and year ended March 31, 2026 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 Audited consolidated financial results have been reviewed and recommended by Audit Committee and approved by the Board of Directors at their respective meetings held on May 26, 2026. <BR> <BR> 3 The Parent 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 March 31, 2026 Un-utilised amount as on March 31, 2026 <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 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. The consolidated amounts for the quarter ended 31st March,2026 & 31 st 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. <BR> 6. The Government of India has notified four Labour Codes, namely the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, with effect from 21st November 2025, which consolidates 29 existing labour laws. The rules have been recently notified, and no material liability is envisaged in this regard. <BR> 7.The group has changed the presentation currency of financial results from Rs. in million to Rs. in crore from the previous 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> 8.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.2025-04-012026-03-31AuditedConsolidated424118000001342000004254600000037194900000540800000-1949000005950000003759000002987000001931300000407417000001804300000018043000004327000002000004329000000137140000000011000001372500000-13640000012361000001353700000188000001292000000-559000001958000002013.8313.830013.8313.830.00120.06240.0544Consumption of Stores and Spares13500000Power and Fuel18400000Electricity Charges800000Labour Charges43300000Water Charges200000Security Charges2000000Repairs and Maintenance19800000Laboratory Expenses100000Rsesearch & Development expenditure10000000OTHERS389500000Consumption of Stores and Spares40700000Power and Fuel66000000Electricity Charges3700000Labour Charges122700000Water Charges1100000Security Charges8600000Repairs and Maintenance71100000Laboratory Expenses200000Rsesearch & Development expenditure40900000OTHERS15763000003738400000289500000820000033000009200000000323000000230000017890000021350000012598000005521900000644310000007208800000281600000103530000025000001678000008696000000015913000001673040000000222523000001958000001332800000013523800000472400000139962000003131000000001409500000172260000064500000626000000184970000013715000001093000004262900000437220000031880000060625000003242000004700000150000000640640000000825610000022252300000SECURITY DEPOSIT69100000TERM DEPOSIT109800000PREPAID EXPENSE1700000CAPITAL ADVANCES33600000RIGHT OF USE ASSETS1224500000SECURITY DEPOSIT34000000OTHERS133800000BALANCE WITH GOVERNMENT AUTHORITY965800000ADVANCE TO SUPPLIER489200000PREPAID EXPENSE135900000Advances to Employees400000LEASE LIABILITIES1409500000LEASE LIABILITIES56600000OTHERS262200000Income received in advance2400000Contract Liabilities (Advance Payment from Customers )239800000Statutory Liabilities82000000375900000-1816000000-4420000000192400000-195000000-30900000012253000000616000000298700000070000049000002089000000-15710000000500000700000000199000000-76000000172830000000-102500000348100000012777000000000000007976000000-270000000000000000000000102500000046600000-621500000000-7500000000001313000001457000001223000003759000000-97800000-880500000-2243000000-224300000505900000281600000Remeasurement of Defined benefit -Actuarial Gain/Loss1700000017000000Remeasurement of Defined benefit -Actuarial Gain/Loss17700000177000004300000450000074400000149600000-61700000-136400000