BSEResult7h ago · 27 Oct 2026, 02:55 pm
Unaudited financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2026.
GP Petroleums Ltd · 532543
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GP Petroleums Ltd has announced unaudited financial results for the quarter and half year ended September 30, 2026, along with changes in the Board of Directors and Senior Management Personnel.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact6/10
Market Sentiment5/10
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GP Petroleums Ltd - 532543 - Unaudited Financial Results (Standalone & Consolidated) For The Quarter And Half Year Ended September 30, 2026
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October 27, 2026
To To
Corporate Relationship Department Listing Department
BSE Limited National Stock Exchange of India Ltd.
Department of Corporate Services, Exchange Plaza, 5th Floor, G-Block,
P. J. Towers, Dalal Street, Fort, Bandra Kurla Complex, Bandra East,
Mumbai – 400 001 Mumbai - 400 051
Scrip Code: 532543 Scrip Symbol: GULFPETRO
Dear Sir/ Madam,
Sub: Outcome of the Board Meeting
Time of Commencement of the Board Meeting : 12:55 P.M.
Time of Conclusion of the Board Meeting : 02:35 P.M.
Pursuant to Regulation 30 and 33 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI LODR Regulations”), we wish to inform you that the
Board of Directors of the Company, at its meeting concluded today, i.e. October 27, 2026, inter alia, has
considered and approved the following: -
Results:-
1. Unaudited Financial Statements (Standalone and Consolidated) for the quarter and half year ended
September 30, 2026 along with the Limited Review Report issued by M/s. J Mandal & Co. LLP,
Chartered Accountants, Statutory Auditors of the Company, the copy of the same is enclosed
herewith as Annexure-I.
The results are being uploaded on the Company's website, viz., www.gppetroleums.co.in, and shall
also be published in compliance with Regulation 47(1) of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, in due course.
Change/Elevation in Directors & Senior Management Personnel:-
2. Elevation of Mr. Arjun Verma (DIN: 10102249) from the Whole Time Director (Designated as Executive
Director) to Managing Director with effect from October 27, 2026 and revision in his terms of appointment
and remuneration.
3. Re-designation of Mr. Ayush Goel (DIN: 02889080) from Chairman & Managing Director to Chairman &
Whole Time Director (Executive Director), to be designated as the Executive Chairman of the Company.
4. Conferment of the designation of Co-Chairman upon Mr. Dilip Vaswani (DIN: 01944741), Non-Executive,
Non-Independent Director of the Company.
5. Elevation of Mr. Jogesh Sharma, Vice President - Industrial Lubricants (Senior Management Personnel) to
Chief Operating Officer – Lubricants (“COO- Lubricants”) (Senior Management Personnel) of the Company.
6. Elevation of Mr. Sunil Kumar Shetty, Vice President – HR & Admin, (Senior Management Personnel) to
Chief Human Resource Officer (CHRO) – HR & Administration (Senior Management Personnel) of the
Company.
The aforesaid changes and elevations in the positions of the Directors and Senior Management Personnel
are based on the recommendations of the Nomination and Remuneration Committee (NRC).
The detailed disclosures relating to the proposed item no. 2 to 6 as required under Regulation 30 of the SEBI
LODR Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13,
2023, as amended and consolidated in the SEBI Master Circular for compliance with the provisions of the
SEBI LODR Regulations dated January 30, 2026, are provided herein as Annexure - B.
We request you to kindly take the same on your record.
Thanking You,
Yours faithfully,
For GP PETROLEUMS LIMITED
KANIKA SEHGAL SADANA
COMPANY SECRETARY AND COMPLIANCE OFFICER
ACS:31466
BF11M. HoSeucstaer -1, Noida-201301 JMANDAL & CO LLP o101 A, Rohit Hous e 3, Tolbstaoyn M-a r1g0 001
Tel : +91-120-4305555 Tel.:91-11-33624638, 91-120-4305555
Fax : +91-120-4305597 Chartered Accountants Email : kapil.goel@jmandal.com
E-mail : accounts@jmandal.com LLPIN : ACB-5654 Website : www mandal.com
Website : www.jmandal.com
Independent Auditor’s Review Report on Unaudited Standalone Financial Results of GP Petroleums
Limited for the quarter and half year ended September 30, 2026 Pursuant to Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended
Review report to
Board of Director of
GP Petroleums Limited
‘We have reviewed the accompanying statement of unaudited standalone financial results of M/s GP
Petroleums Limited (“The Company”) for the quarter and half year ended September 30, 2026 (the
“Statement”). The Statement has been prepared by the Company pursuant to Regulation 33 of the SEBI
(Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the “Listing
Regulations, 2015”).
This statement, Which is the responsibility of the Company’s Management and approved by the Board
of Directors, has been prepared in accordance with the recognition and measurement principles laid
down in Indian Accounting Standard 34 (“Ind AS 34”) “Interim Financial Reporting”, prescribed under
section 133 of Companies act, 2013, as amended (“the Act”) read with relevant rules issued thereunder
and other accounting principles generally accepted in India and in compliance with regulation 33 of
Listing Regulations as amended. Our responsibility is to issue a report on the Statement based on our
review.
‘We conducted our review of the Statement in accordance with the Standard on Review Engagements
(SRE) 2410 “Review of Interim Financial Information Performed by the Independent Auditor of the
Entity”, issued by the Institute of Chartered Accountants of India. This standard requires that we plan
and perform the review to obtain moderate assurance as to whether the Statement is free of material
misstatement. A review is limited primarily to inquiries of company personnel and analytical procedures
applied to financial data and thus provides less assurance than an audit. We have not performed an audit
and accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited standalone financial results prepared in accordance with
applicable accounting standards and other recognized accounting practices and policies has not
disclosed the information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015 including the manner in which it is to be
disclosed, or that it contains any material misstatement.
For J Mandal & Co LLP
Chartered Accountants
(pFirum’si Retgisstra—tio n No. 302100E/N500422)
CA MuKkkul Agarrwal
Partner
Membership No.502489
UDIN: 26502489EPEK1Q32K6
Place: Delhi
Date: 27" October 2026
Gurugram Flat No.- 203, New Shivalik, CGHS Plot No.-4, Sector-51, Gurugram-122413
Ahmedaba
E-439, Sumel Business Park-1V, Near Kalupur Bridge, Naroda Road, Amdupura, Ahmedabad-380018
Bangaluru Renaissance Temple Bells No.-708, 7th Floor, Opp. Iskcon Temple, Yeshwanthapur, Bengaluru-560022
Kolkata 12, Government Place, Regent House, 2nd Floor, Kolkata-700069
Punchkula Floor B, Flat No.-47, Raipur Kalan, Chandigarh-160102
3¢’ GP Petroleums
passion for growth!
P PETROLEUMS LIMITED
ancial Results for the Quarter & Half Year Ended September 30, 2026
Amounts in INR Lakhs
Quarter Ended Tall YearEnded | Year Ended
Ferig ciian Se 2p 0t 2 3 60 , Ju 2n 0e 2 3 60 , Se 2p 0t 2 3 50 , Se 2p 0t 2 3 60 , Se 2p 0t 2 3 50 , Mar 2c 0h 2 63 1,
Unaudited | Unaudited | Unaudited | Unaudited | Unaudited | Audited
INCOME
| |Revenue From Operations 3407519 | 2303316 | 1528542 | 57.108.35| 3106516 64:261.00
Il |Other Income 13061 136.21 8384 26682 14311 56778
i [Total Income (1+1) 3220580 | 2316937 | 15319.26 | 57.375.17 | 3120827 6482887
v |EXPENSES
Cost of Materials Consumed 1834241 | 1442681 | 1133339 276002| 2137575 4377178
Purchases of Stock-in-Trade 813924 | 6833.53| 113004 1497277 436211 944594
(Increase) Decrease in Inventories of Finished Goods,
Work in Progress and Stock in Trade 3,262.28 (3,430.91) 415.83 (168.63) 605.41 694.41
EDempprleocyiaetei oB ne naenfidt A Emxoprteinzsaetsi on Expense 1,01878.8411 1,08235.4120 716136.2500 2,107404.2531| 1, 429310.8334| 3,415266.7612
Finance Costs 117.74 6719 4886 184.93 9566 | 179.42
Otner Expenses 121009| 134130 | 76396| 255138 145203 329416
Total Expenses (IV) 32, 177.98 20,346.24 14.580.78 52,524.22 29,613.13 6
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