Gandhar Oil Refinery Q2 Results: Net profit jumps over 4-fold, revenue surges 73%

Gandhar Oil Refinery reported a sharp increase in Q2 net profit to ₹186.3 crore from ₹40 crore a year earlier, while revenue grew 72.9% to ₹1,846.6 crore. EBITDA rose to ₹288 crore from ₹66 crore, and the EBITDA margin expanded to 15.6% from 6%. Separately, the company appointed Santosh Kumar Singh as Factory Manager of its Silvassa plant.