Gandhar Oil Refinery India is a leading manufacturer of white oils by revenue with a growing focus on the consumer and healthcare end-industries. It is engaged in producing pharmaceutical, health care, and performance oil (PHPO), process insulating oil (PIO) and lubricants. The firm’s products are sold under flagship brand “Divyol”.

The company’s consolidated net profit jumped 9.1% to Rs 47.32 crore in Q3 FY24 as compared with Rs 43.38 crore recorded in Q3 FY23. Revenue from operations increased marginally to Rs 1,102.62 crore from Rs 1,098.04 crore posted in Q3 FY23.

The scrip shed 0.60% to settle at Rs 214.65 on Friday on the BSE.