Press Release titled - GP Petroleums Q2 FY27 PAT rises 179% YoY to 15.3 crores, Revenue from Operations for Q2 jumps 124% YoY to Rs. 340.8 Cr.

October 27, 2026 To, To, 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 - 400001 Mumbai - 400051 Scrip Code: 532543 Scrip Symbol: GULFPETRO Dear Sir/Madam, Subject: Press Release for Q2 and Half Year ended FY27 Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Press Release with regard to the Un-audited Financial Results for the quarter and half year ended September 30, 2026. Kindly take the same on record. Thanking you, Yours Faithfully, For GP Petroleums Limited Kanika Sehgal Sadana Company Secretary and Compliance Officer M. No.: A31466 Press Release GP Petroleums Q2 FY27 PAT rises 179% YoY to ₹15.3 crore, Revenue from Operations for Q2 jumps 124% YoY to ₹340.8 crore Mumbai, Oct 27, 2026: GP Petroleums Limited (GPPL), today announced its financial results for the second quarter and first half year ended September 30, 2026. The Company reported Revenue from Operations of ₹340.8 crore in Q2FY27 as against ₹152.4 crore in Q2FY26. EBITDA margin was at 6.2% compared to 5.4% in the corresponding quarter last year; while Profit After Tax (PAT) stood at ₹15.3 crore versus ₹5.5 crore in Q2FY26, rising 179% YoY. For the first half year ended September 30, 2026, Revenue from Operations rose by 84% to ₹571.1 crore compared to ₹310.6 crore in H1FY26. EBITDA for the first half rose 178% to ₹49.4 crore; while PAT stood at ₹36.5 crore, a jump of 206% from ₹11.9 crore in the same period of last fiscal. Standalone Financial Highlights (₹crore) Particulars Q2FY27 Q2FY26 % YoY H1FY27 H1FY26 % YoY Revenue from Operations 340.8 152.3 124% 571.1 310.6 84% EBITDA 21.04 8.2 157% 49.4 17.8 178% Net Profit 15.3 5.5 179% 36.5 11.9 206% Commenting on the performance, Mr. Arjun Verma, Managing Director – GP Petroleums said, “During the second quarter, the lubricant sector experienced steady industrial demand amidst evolving raw material cycle and competitive pressures. Against this backdrop, GP Petroleums delivered a resilient performance while accelerating its strategic transformation. Our recent board approval to raise up to ₹130 crores through structured NCDs and OCDs with RevX Special Credit Opportunities Fund II marks a vital milestone to fortify our working capital and fuel our expansion into high-margin specialty segments. By combining disciplined operational efficiencies with robust institutional governance, we are well-positioned to enhance our market share, optimize cash flows, and deliver sustainable, long-term value to our shareholders." About GP Petroleums Limited GP Petroleums Limited is a publicly listed company engaged in the manufacture and marketing of industrial and automotive lubricants, process oils, greases and other specialty products under the IPOL brand. With over five decades of industry presence, the Company serves industrial and automotive customers in India and overseas. Media contact Varsha Arolla PR and Corporate Communication 9833001220 varsha.arolla@gpglobal.com