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Gandhar Oil Refinery Q2 Results: Net profit jumps over 4-fold, revenue surges 73% - Published OnOct 27, 2026 | 18:47 IST - Last Updated OnOct 27, 2026 | 18:47 IST Gandhar Oil Refinery boosted its operational earnings and widened profit margins on the back of surging quarterly revenue. Alongside the stellar financial performance, the company appointed a veteran executive to head its Silvassa manufacturing facility. Discover how leadership plans to sustain this momentum across upcoming quarters. Gandhar Oil Refinery (India) Ltd on Tuesday (October 27) reported a sharp rise in net profit to ₹186.3 crore for the second quarter, compared with ₹40 crore in the year-ago period. Revenue from operations rose 72.9% year-on-year to ₹1,846.6 crore from ₹1,068 crore. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased to ₹288 crore from ₹66 crore a year earlier. The EBITDA margin expanded to 15.6% from 6% in the corresponding quarter of the previous financial year. Separately, the company appointed Santosh Kumar Singh as Factory Manager of its Silvassa plant, effective October 27, 2026. He will serve in a full-time employment capacity. ALSO READ | Gandhar Oil hits 20% upper circuit after record Q1 profit, margin more than doubles Singh joined the company on March 1, 2002, and is currently serving as Assistant General Manager – Commercial. His experience includes commercial operations such as billing and invoicing, goods and services tax (GST) and statutory compliance, inventory and stock management, vendor coordination, logistics and administrative functions. In his current role, Singh is responsible for managing commercial operations, maintaining accurate records, monitoring compliance with applicable laws and implementing internal controls in accordance with company policies and procedures. Shares of Gandhar Oil Refinery India Ltd ended at ₹314.85, up by ₹14.35, or 4.78%, on the BSE. ALSO READ | Gandhar Oil Q4 profit zooms nearly 3x on 89% EBITDA growth; revenue up 14%
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