Gandhar Oil Refinery Financials - Balance Sheet, Income Statment, Cash Flow

Quarterly Statement	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Revenue	1,007	965	906	1,063	1,171
Expenses	964	928	857	994	1,108
Operating Profit	42	34	46	66	59
Operating Profit Margin %	4%	3%	5%	6%	5%
Other Income	2	4	3	3	4
EBITDA	44	37	49	69	63
Interest	11	14	10	10	10
Depreciation	6	7	7	8	8
Profit Before Tax	27	17	32	51	45
Tax %	24%	27%	18%	22%	24%
Net Profit	20	12	26	40	34
EPS	2	1	3	4	3

Yearly Balance Sheet	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Share Capital	16	16	16	20	20
Reserve & Surplus	429	525	727	1,153	1,217
Minority Interest	0	20	35	51	53
Non Current Liabilities	27	64	72	100	158
Current Liabilities	629	693	781	616	512
Total Liabilities	1,101	1,318	1,632	1,940	1,959
Fixed Assets	88	190	238	361	450
Capital Work in Progress	22	44	73	9	8
Investments	7	0	0	0	0
Other Assets	984	1,084	1,321	1,571	1,501
Total Assets	1,101	1,318	1,632	1,940	1,959

Yearly Cash Flow	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Operating Activities	118	167	88	-69	15
Investing Activities	-22	-116	-72	-66	-48
Financing Activities	-91	-4	-29	160	13
Net Cash Flow	5	47	-13	25	-21

Financial Year	Revenue	Revenue Growth	Net Profit	Profit Growth
FY 2024-25	3,175	11.06%	75	-36.58%
FY 2023-24	2,859	-2.96%	119	-29.98%
FY 2022-23	2,946	-1.45%	170	-13.77%
FY 2021-22	2,990	50.14%	197	283.1%
FY 2020-21	1,991	-16.41%	51	187.96%

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Gandhar Oil Refinery

Gandhar Oil Refinery

GANDHAR Financials

Income Statement

Balance Sheet

Cash Flow

GANDHAR Revenue Growth