The company recently secured Rs. 225 crore bitumen supply contract from HPCL
GP Petroleums Ltd. has unveiled its Q4 FY 2024-25 financial results, showcasing impressive momentum and highlighting its continued operational strength in the lubricants and petroleum space.
During Q4 FY25, GP Petroleums reported Revenue of Rs. 194 crore, reflecting 34% increase over the previous quarter and 13 per cent rise compared to the same period last year. This growth highlights the company’s widening market presence and its sustained success in driving performance across multiple product segments. The reported a notable 28 per cent increase in net profit in Q4 FY25 compared to the previous quarter, and 22 per cent rise over the same quarter last year. This sustained profitability reflects the company’s ongoing efforts to enhance operational efficiency, streamline cost structures, and capitalize on favorable market conditions.
Commenting on the quarterly performance, Arjun Verma, Executive Director of GP Petroleums Ltd, said: "We are pleased with the strong financial results delivered in Q4, which reflect our disciplined execution and strategic focus on profitable growth. A 28% quarter-on-quarter and 22% year-on-year increase in profit demonstrates the resilience of our business model, our commitment to efficient and agile operations, and the strength of our team. We continue to drive efficiencies across the value chain and expanding our market presence in both domestic and international markets. This performance gives us confidence as we move forward into the next fiscal year with a strong roadmap for long-term, profitable growth."
Verma further added, “We are also delighted to share that GP Petroleums has secured a tender to supply 50,000 metric tonnes of bitumen to Hindustan Petroleum Corporation Ltd (HPCL) over a period of 12 months. This strategic win not only diversifies our revenue streams but also strengthens our footprint in the infrastructure and road construction sector—an area with significant growth potential.
In addition, GPPL has entered into a joint venture agreement with West Coast Oils LLP to establish a JV company focused on the manufacture of specialty bitumen products and related trading activities. This partnership will enhance our capabilities in the high-value bitumen segment and position us to serve the evolving needs of the infrastructure sector more effectively.”
Future Outlook
GP Petroleums is poised for continued growth, backed by strategic initiatives across its core and emerging business segments. The recently secured Rs. 225 crore bitumen supply contract with HPCL and the joint venture with West Coast Oils LLP for specialty bitumen manufacturing and trading mark significant steps in expanding its presence in the infrastructure space. With a sharp focus on operational efficiency, product innovation, and market diversification, the company is well-positioned to drive sustainable, long-term growth in both domestic and global markets.
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