Gandhar Oil hits 20% upper circuit after Q1 profit and margins surge
Gandhar Oil Refinery reported consolidated Q1 net profit of Rs 192 crore, versus Rs 26.2 crore a year earlier, as revenue rose 91.8% to Rs 1,732 crore. EBITDA margin expanded to 16.2% from 5.1%, with personal care its best-performing business.
Gandhar Oil hit a 20% upper circuit after strong June-quarter earnings. Revenue and profitability rose sharply, aided by improved margins; its personal-care business was the best-performing segment. Management expects to sustain historical 8-11% volume growth.
Why this matters
No related recent signals are provided, making the Q1 earnings surge, margin expansion and 20% upper-circuit move the available indicator of Gandhar Oil Refinery's current momentum.
Retail-company signals are accelerating, up 1,032,000% QoQ.