Castrol India Limited

Announcement Details

Castrol India Ltd has formally notified the BSE and NSE that the audio recording of its post-earnings conference call for the quarter and nine months ended 30 September 2026 is now available. The conference call, which took place on 26 October 2026, serves as the primary forum for management to discuss the company's unaudited financial performance and strategic outlook.

Accessing the Recording

The recording is available to shareholders and analysts on the company's official website at the following URL: https://www.castrol.com/en_in/india/home/investors/information-for-shareholders.html under the section titled "INVESTOR CALL DETAILS --- 2026 --- 3Q FY 2026".

Investor Relevance

This filing is a routine procedural disclosure required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. For investors, the recording provides an opportunity to review the management's commentary and the specific responses to analyst inquiries regarding the financial results for the reported period.

Publication Details

Castrol India Ltd has issued a statutory notice confirming the publication of its unaudited financial results for the quarter and nine months ended 30 September 2026. This action is part of the company's ongoing adherence to regulatory transparency.

Regulatory Context

The notice was published in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates that listed entities publish extracts of their financial results in newspapers to ensure widespread access to company performance data for all stakeholders.

Shareholder Instructions

Shareholders and interested investors can access the full format of the financial results through the following channels:

• Company Website: www.castrol.co.in
• Stock Exchanges: Filings are available on the official websites of the BSE and the National Stock Exchange of India.

Key Highlights

Financial Snapshot

Financial Performance

Castrol India maintained revenue growth momentum, with Q3 revenue increasing 27% YoY. However, profitability for the quarter saw a decline, with PAT falling from Rs 228 crore in Q3 2025 to Rs 176 crore in Q3 2026. Management attributed this to sharp increases in raw material costs and adverse currency movements during the quarter.

Auditor Appointment

The Board of Directors approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors of the company for a first term of five consecutive years. This appointment is effective from the conclusion of the 49th Annual General Meeting (AGM) to be held in 2027 and will continue until the conclusion of the 54th AGM. The current auditor, M/s Deloitte Haskins & Sells LLP, will continue until the completion of their current term at the 49th AGM.

Management Commentary

Management highlighted that pricing actions taken early in the year were intended to moderate the impact of high commodity cost inflation. Saugata Basuray, Managing Director, described the Q3 performance as "resilient" despite the challenging environment. CFO Mrinalini Srinivasan reiterated that the company expects the operating environment to remain volatile and inflationary and will focus on managing margin pressures through continued pricing and cost actions.

What This Means for Investors

Investors should monitor how the company manages margin pressures in the coming quarters, particularly given the ongoing volatility in raw material costs and currency. The change in statutory auditors is a routine regulatory requirement under mandatory rotation rules and does not signal a governance concern.

Key Highlights

Financial Snapshot

Financial Performance Analysis

Castrol India delivered a 27% year-on-year revenue increase in the third quarter of 2026, reaching Rs 1,735 crore. However, profitability was pressured during this period, with Profit After Tax (PAT) declining to Rs 176 crore from Rs 228 crore in the corresponding period of 2025. Management attributed this performance to a sharp rise in raw material costs and adverse currency movements. The company noted that pricing actions taken earlier in the year helped moderate the impact on margins.

For the nine-month period ended September 30, 2026, the company maintained growth, reporting revenue of Rs 5,151 crore (up 20% YoY) and a PAT of Rs 766 crore (compared to Rs 705 crore in the prior-year period).

Corporate Governance: Auditor Transition

The Board of Directors approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors of the company. This appointment is for a first term of five consecutive years, commencing from the 49th Annual General Meeting (AGM) to be held in 2027 until the conclusion of the 54th AGM. This change follows the completion of the second consecutive five-year term of the outgoing statutory auditors, M/s Deloitte Haskins & Sells LLP. The appointment remains subject to shareholder approval.

Operational Highlights

Castrol India continued to expand its market footprint during the quarter:

• Network Expansion: The company reached approximately 167,000 outlets, including 46,000 rural outlets.
• Service Ecosystem: The network now includes over 870 Castrol Auto Service centres and thousands of workshops (37,000 independent and 16,000 multi-brand).
• Product Innovation: The company launched 'Magna CTX' for industrial lubrication and localised products like 'Castrol Engine Shampoo' and the 'Hysol' series.
• Customer Acquisition: The industrial business added 700 new customers across sectors including automotive manufacturing, metals, and sugar.

Management Commentary

Management highlighted that the operating environment remained volatile and inflationary. Managing Director Saugata Basuray emphasized the company's "resilient performance" despite cost pressures. CFO Mrinalini Srinivasan stated that the company expects the operating environment to remain inflationary and that they will continue to focus on agility in pricing and cost actions to manage margin pressures.

Investor Takeaway

Castrol India has demonstrated strong top-line growth in 2026, effectively expanding its market presence and customer base. Investors should note the compression in quarterly margins, which the company is addressing through proactive pricing actions. The upcoming transition in statutory auditors in 2027 is a significant governance event to monitor.

Key Highlights

Financial Snapshot

Castrol India reported a mixed financial performance for the third quarter of 2026. Revenue from operations increased by 27% YoY to Rs 1,735 crore. However, profitability was pressured by a sharp rise in raw material costs and adverse currency movements. Consequently, Profit After Tax (PAT) for the quarter fell to Rs 176 crore, compared to Rs 228 crore in the corresponding quarter of the previous year. For the nine months ended 30 September 2026, revenue stood at Rs 5,151 crore, a 20% increase from Rs 4,282 crore in the same period last year, while PAT grew to Rs 766 crore from Rs 705 crore.

Management Commentary

Management cited "sharp rise in raw material costs" and "adverse currency movements" as key factors affecting margins during the quarter. The company stated that pricing actions taken earlier in the year helped moderate the overall impact. Management reiterated its expectation that the operating environment will remain volatile and inflationary, with a continued focus on cost actions and market share growth.

Operational Update

Castrol India continued to expand its market presence. Key operational highlights included:

• Market Reach: National footprint expanded to approximately 1,67,000 outlets, including 46,000 rural outlets.
• New Customers: Added over 175 new customers in automotive and mining segments, and 700 new customers in the industrial sector, including machinery manufacturing, metals, and aerospace.
• Product Innovation: Launched Magna CTX (circulating oils), Castrol Engine Shampoo, and Hysol 35 XBB and 61 XBB (boron-free metalworking fluids).

Auditor Transition

The Board of Directors has approved the appointment of M/s Price Waterhouse Chartered Accountants LLP as the new Statutory Auditor. This appointment is for a term of five consecutive years, commencing from the 49th Annual General Meeting (AGM) to be held in 2027 until the conclusion of the 54th AGM. The change is due to the mandatory rotation of auditors under the Companies Act, 2013, following the completion of the current auditor's (M/s Deloitte Haskins & Sells LLP) second consecutive five-year term. This transition is subject to shareholder approval.

Investor Takeaway

Investors should monitor how the company manages margin volatility in the coming quarters given the persistent inflationary environment and currency risks. The revenue growth trajectory remains robust, supported by network expansion and new product launches. The upcoming auditor transition is a standard governance matter.

Disclosure Summary

Life Insurance Corporation of India (LIC) has reported a reduction in its shareholding in Castrol India Ltd via open market transactions. This disclosure was made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Transaction Details

Following the sale of 20,298,761 shares, LIC's total shareholding in Castrol India Ltd reduced from 89,529,217 shares to 69,230,456 shares.

Investor Takeaway

This filing represents standard treasury or portfolio management by an institutional shareholder. Such changes are common for large institutional investors and are part of routine market activity. Investors should monitor future shareholding pattern disclosures to determine if this marks the end of the selling activity or a continued reduction in the institution's position.

Compliance Certificate under Regulation 74(5)

Castrol India Ltd submitted the compliance certificate required under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended 30 September 2026. The filing includes a confirmation from the company's Registrar and Transfer Agent (RTA), KFin Technologies Limited.

Key Confirmations

The RTA has confirmed the following actions for the period from 1 July 2026 to 30 September 2026:

• Processing of Dematerialization: Securities received from depository participants for dematerialization were processed (accepted or rejected) within the prescribed timelines.
• Verification and Cancellation: The security certificates received were verified, mutilated, and cancelled in accordance with regulatory requirements.
• Registry Update: The names of the depositories have been substituted in the register of members as the registered owner.
• Listing Status: The securities comprised in the certificates have been listed on the stock exchanges where the earlier issued securities are listed.

Board Meeting Details

Castrol India Ltd has notified the stock exchanges that a meeting of its Board of Directors is scheduled for Saturday, 24 October 2026. The primary agenda for the meeting is to review and approve the unaudited financial results for the quarter and nine months ended 30 September 2026.

Trading Window Closure

In accordance with the company's code of conduct for the prevention of insider trading, the trading window for designated persons and their immediate relatives has been closed from 30 September 2026 up to 27 October 2026 (both days inclusive). During this period, trading in the company's securities is restricted for the specified persons.

Investor Outlook

This announcement is a standard procedural compliance filing. Shareholders should look for the formal announcement of the financial results following the board meeting on 24 October 2026 to assess the company's performance for the quarter and nine-month period ending 30 September 2026.

Conference Call Details

Castrol India Limited has announced the schedule for its post-earnings conference call regarding the financial results for the quarter and nine months ended 30 September 2026.

Management Representation

The conference call will include a brief management discussion on the financial performance, followed by an interactive question and answer session. The following members of the management team will represent the company:

• Mr. Saugata Basuray: Managing Director
• Ms. Mrinalini Srinivasan: Whole-time Director & Chief Financial Officer

Investor Information

Investors and analysts can participate via the provided conference dial-in numbers or the direct access link available in the company's filing. The company noted that any presentations made during the call will be uploaded to the company's website and shared with the exchanges. The schedule remains subject to change due to unforeseen circumstances.

Ujjwal Kal CSR Initiative

Castrol India Limited has unveiled its first 'Ujjwal Kal' skilling centre in Kolkata, situated at the Smile Foundation STeP Centre in Santoshpur. This initiative is an extension of the company's flagship CSR programme, which was originally launched in 2021 to support youth upskilling, women empowerment, and community development.

The new facility focuses on training young adults from economically disadvantaged communities in various fields, including:

• Digital technologies and Artificial Intelligence (AI)
• Retail operations
• Beauty and wellness
• Communication readiness and digital literacy

Participants also receive recognized certifications and placement assistance through the programme.

Program Performance Metrics

According to the press release, the 'Ujjwal Kal' programme has shown the following key performance indicators for 2025:

Investor Takeaway

The launch of the skilling centre in Kolkata represents a continued effort by Castrol India in its Corporate Social Responsibility mandate. Investors should view this as a routine social impact initiative. It does not carry material implications for the company's financial performance, core manufacturing operations, or market positioning.

Publication Details: Castrol India Ltd (BSE: 500870) has issued a formal notice regarding the loss or misplacement of share certificates. The notice was published in the Financial Express on 16 September 2026. ## Procedural Status: The company has officially notified the stock exchanges regarding this publication. ## Shareholder Instructions: Shareholders or claimants having any objection to the company issuing duplicate shares or an entitlement letter must approach the company's registered office within 15 days from the publication date. ## Regulatory Context: If no objections are received within the stipulated period, the company will initiate the process of issuing entitlement letters or direct credit of shares in lieu of the reported lost certificates, in accordance with applicable legal requirements.

Investor Interaction Schedule

Castrol India Ltd has informed the stock exchanges regarding the company's scheduled participation in an upcoming investor conference. The management team will attend the 'Anand Rathi G-200 Summit 2026 Bharat – The Next Engine of Global Growth' to engage with investors.

Meeting Details

Disclosure Compliance

The company confirmed that it will utilize publicly available information during these interactions, specifically referencing the presentation previously shared with the stock exchanges on 25 August 2026. Castrol India reiterated its commitment to regulatory compliance, stating that no unpublished price-sensitive information (UPSI) will be disclosed during the meetings.

Corporate Update

Castrol India Limited has notified the stock exchanges that an updated company presentation is now available on its website. This submission is a routine procedural disclosure.

Investor Access

Shareholders and interested parties can access the updated presentation directly through the link provided in the company's official filing under the investor relations section of its website.

Materiality

This filing serves as an administrative update. It does not contain new financial results, corporate actions, or other material operational data.

Key Highlights

Shareholder Voting Results

The company conducted a postal ballot via remote e-voting to seek shareholder approval for the appointment of Mr. Saugata Basuray as Managing Director. The results indicate strong support for the proposal.

Leadership Appointment Details

Mr. Saugata Basuray (DIN: 09522239) has been appointed as the Managing Director of Castrol India Ltd. The appointment is effective from 1 June 2026, for a period of five consecutive years. The approval was obtained via an ordinary resolution, with the voting process concluded and verified by Mr. K. G. Saraf of Saraf and Associates, who served as the Scrutinizer for the process.

Investor Takeaway

Shareholders have formally ratified the appointment of the new Managing Director. The overwhelming support in the voting results suggests a smooth leadership transition. Investors should continue to monitor the company's operational performance and strategic initiatives under the new leadership.

Key Highlights

Financial Snapshot

Financial Performance

The company delivered strong growth in Q2 FY26, with revenue reaching ₹1,871 crore and PAT of ₹348 crore. Performance for the first half of the year also remained solid, with revenue at ₹3,417 crore and PAT at ₹590 crore. Management attributed this performance to disciplined execution, broad-based volume growth, effective pricing actions, and portfolio premiumization.

Margin and Cost Analysis

The company reported an EBITDA margin of 26% for Q2 FY26 and 24% for the first half of FY26. Management reaffirmed its long-term direction of maintaining EBITDA margins between 21% and 24%. While the company benefited from low-cost inventory in Q2, management noted that this benefit is expected to reduce as newer, higher-cost inventory is utilized.

Operational Highlights

• Distribution: The company maintains a national footprint of approximately 160,000 outlets. The auto care range is available at 40,000 outlets, while the rural service express network has reached 950 locations.
• Silvassa Plant: Operations at the Silvassa plant, which were briefly paused in July 2026 due to heavy rainfall, have fully resumed and are operating at peak levels.
• Industrial Segment: The industrial business contributes approximately 15% to the overall business and is currently growing faster than the rest of the company.

Corporate Action Details

The Board has declared an interim dividend of ₹6.25 per share. The payout is scheduled to be made on or before 2nd September 2026.

Exceptional Items

The company reported a ₹66 crore loss under Other Comprehensive Income (OCI). Management clarified that this is not an operational loss but a revaluation of its investment in Ki Mobility, required every six months based on external market volatility.

Risks and Outlook

Management remains cautious for Q3 FY26, citing several headwinds:

• Commodity Inflation: Expectation that feedstock and commodity inflation will become more visible in the third quarter.
• Volatility: Continued volatility in global supply chains and foreign exchange markets, compounded by the Middle East crisis impacting base oil prices.
• Strategic Response: The company stated it is prepared to take further pricing actions if commodity and foreign exchange volatility persists, aiming to balance near-term prudence with long-term brand investment.

Investor Takeaway

Castrol India demonstrated resilience in Q2 FY26 with healthy growth across its core segments and strong margins. The declaration of an interim dividend remains a positive signal for shareholder returns. Moving forward, investors should monitor the impact of anticipated commodity inflation on margins in Q3, the evolution of the global BP divestment transaction, and the performance of the industrial and rural segments, which remain key drivers for the company's growth strategy.

Key Highlights

Investor Access

The company has made the audio recording of its post-earnings call available on its official website under the 'Investor Call Details' section. This provides stakeholders with the opportunity to hear management's direct commentary on financial performance, operational updates, and the business outlook for the period.

What This Means for Investors

This filing is a procedural step to ensure compliance with SEBI listing regulations regarding investor engagement transparency. For investors who were unable to attend the live call, the recording serves as a primary source to understand management’s perspective on the financial results for the quarter and half-year ended 30 June 2026.

Investor Takeaway

This update is routine in nature and does not contain new price-sensitive information. Existing shareholders interested in the company’s performance narratives or specific management responses during the Q&A session may find the recorded call useful for deeper context regarding the latest financial results.

Financial Results Disclosure

Castrol India Limited has published its unaudited financial results for the quarter and half-year ended 30 June 2026. This publication is pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Action Details

The Board of Directors has recommended an interim dividend of Rs. 6.25 per share. Shareholders should note the following key date:

• Record Date: 11 August 2026

Financial Governance and Compliance

The financial results were reviewed by the company's Audit Committee and approved by the Board of Directors. The company confirms that the financial results are prepared in compliance with Indian Accounting Standards (Ind-AS).

Other Updates

The company has communicated an impact assessment and an exceptional item provision regarding the implementation of new Labour Codes on employee benefits.

Key Highlights

Financial Snapshot

Revenue and Income Analysis

Castrol India Limited delivered strong performance for the second quarter of 2026. Revenue from operations reached ₹1,871.47 crore, marking a 25% increase compared to ₹1,496.83 crore in the same quarter last year. The growth was supported by disciplined execution across consumer and industrial businesses.

Profitability Analysis

The company reported a Profit After Tax (PAT) of ₹347.70 crore for the quarter ended 30 June 2026, significantly higher than the ₹244.00 crore reported in the corresponding quarter of the previous year. This represents a growth of 43%. Basic and diluted Earnings Per Share (EPS) for the quarter stood at ₹3.51.

Corporate Action Details

The Board of Directors has declared an interim dividend of ₹6.25 per equity share for the financial year ending 31 December 2026. The record date for the dividend entitlement has been set for 11 August 2026, with payment scheduled to be made on or before 2 September 2026.

Management Commentary and Outlook

Management highlighted that the results were achieved despite an operating environment marked by commodity inflation and supply chain disruptions. Looking ahead, management remains cautious, noting that inflationary pressures and uneven monsoon conditions could impact demand in the second half of the year. The company continues to focus on maintaining disciplined capital allocation and generating healthy cash flows.

Business and Operational Update

The company continues to expand its market reach. As of the second quarter of 2026, Castrol maintained a national distribution footprint of approximately 160,000 outlets. It also expanded its product portfolio, including the launch of new full synthetic product ranges and localization of advanced coolants.

Investor Takeaway

Castrol India Limited has demonstrated operational resilience with strong double-digit growth in revenue, EBITDA, and profit for the quarter ended 30 June 2026. The announcement of an interim dividend provides direct value to shareholders. While performance remains strong, investors should monitor management's caution regarding the second half of the year, particularly concerning inflationary trends and monsoon-related demand risks. The upcoming completion of the bp/Stonepeak transition at the group level remains a broader context for the company.

Key Highlights

Financial Snapshot

Revenue and Income Analysis

Castrol India reported strong revenue growth, with operations generating ₹1,871.47 crore in the second quarter of 2026 compared to ₹1,496.83 crore in the same quarter of the previous year. For the six months ended 30 June 2026, revenue stood at ₹3,416.71 crore, up from ₹2,918.83 crore in the prior year period. The growth is attributed to disciplined execution and strong demand across consumer, industrial, and institutional business segments.

Profitability Analysis

Profit after tax showed significant improvement, rising to ₹347.70 crore in Q2 2026 from ₹244.00 crore in Q2 2025. For the first half of 2026, profit after tax reached ₹589.88 crore, compared to ₹477.46 crore in the same period of the previous year. This reflects the company's ability to maintain strong performance in a dynamic operating environment.

Corporate Action Details

The Board of Directors has approved an interim dividend of ₹6.25 per equity share (face value of ₹5 each). The record date for determining shareholder entitlement is 11 August 2026. The dividend payment is expected to be completed within 30 days from the date of declaration.

Cash Flow

Net cash flow generated from operating activities for the six months ended 30 June 2026 was reported at ₹308.13 crore, compared to ₹412.81 crore for the corresponding period in the previous year.

What Looks Positive

• Financial Growth: Significant year-on-year growth in both revenue and profit for the quarter and half-year.
• Shareholder Returns: Announcement of an interim dividend demonstrates management's commitment to returning cash to shareholders.
• Market Expansion: Continued investment in the distribution network and the successful launch of new products in the full synthetic portfolio support long-term growth foundations.

Concerns and Watch Points

• Macroeconomic Headwinds: Management has explicitly cited inflationary pressures and uneven monsoon conditions as factors that could influence demand in the second half of 2026. Investors should monitor these factors for potential impact on growth.

Investor Takeaway

Castrol India Limited delivered a strong financial performance for the first half of 2026, characterized by double-digit growth in revenue and profit. The declaration of an interim dividend provides direct value to shareholders. While the company's operational execution remains resilient, management's cautious outlook regarding inflation and monsoon volatility warrants careful monitoring for the remainder of the year. Investors should track how the company manages cost pressures and sustains its growth momentum in rural and urban markets.

Key Highlights

Financial Snapshot

Revenue and Income Analysis

Castrol India achieved a revenue from operations of ₹1,871.47 crore for the quarter ended 30 June 2026. This reflects a 25% growth compared to the ₹1,496.83 crore reported in the same quarter of the previous year. For the six months ended 30 June 2026, the company generated revenue of ₹3,416.71 crore, up from ₹2,918.83 crore in the corresponding period of 2025.

Profitability Analysis

The company reported a profit after tax of ₹347.70 crore for the second quarter of 2026, marking a 43% increase over the ₹244.00 crore reported in the second quarter of 2025. For the six-month period, profit after tax was ₹589.88 crore, compared to ₹477.46 crore in the first half of 2025. The basic and diluted earnings per share for the quarter stood at ₹3.51.

Corporate Action Details

The Board of Directors has declared an interim dividend of ₹6.25 per equity share (face value of ₹5 each). The record date for determining shareholder entitlement is fixed for 11 August 2026. This dividend is intended to be paid to shareholders on or before 2 September 2026.

Management Commentary

Management highlighted that the company's performance was driven by supply chain agility and disciplined execution across consumer, industrial, and institutional businesses. Despite a period of transition and volatile commodity inflation, the company continues to focus on urban clusters and expanding its rural distribution network.

Concerns and Watch Points

What This Means for Investors

Castrol India has demonstrated operational resilience with significant growth in both revenue and profit for the first half of the calendar year 2026. The declaration of an interim dividend provides a direct return to shareholders during this transition year. Investors should monitor how the company navigates the cautious outlook for the second half of the year, particularly regarding macro-economic factors like inflation and monsoon patterns.

Investor Takeaway

The Q2 2026 results reflect a period of strong performance for Castrol India, characterized by double-digit growth in top-line and bottom-line metrics. The company's focus on distribution expansion and product innovation appears to be supporting its competitive position. Investors should watch for the impact of external economic variables mentioned by management in upcoming quarters while noting the dividend payout as a sign of confidence in cash flow generation.

Key Highlights

• Financial Performance: Revenue from operations grew by 25% year-on-year, supported by supply chain agility and product innovation.
• Dividend: The Board declared an interim dividend of ₹6.25 per equity share of face value ₹5/- each, with the record date fixed for 11 August 2026.
• Outlook: Management remains cautious for the second half of the year citing commodity inflation and potential demand impacts from uneven monsoon conditions.

Financial Snapshot

Revenue and Profitability Analysis

The company reported robust growth for the quarter ended 30 June 2026. Revenue from operations surged to ₹1,871.47 crore compared to ₹1,496.83 crore in the same period last year. Profit after tax also saw a significant increase, rising to ₹347.70 crore from ₹244.00 crore, reflecting improved operational efficiency and strong performance across consumer and industrial segments.

Strategic Developments

• Dividend Declaration: The Board of Directors approved an interim dividend of ₹6.25 per share. Payment is expected within 30 days of the declaration.
• Corporate Disclosure: The company clarified that the agreement by its ultimate holding company, bp plc, to sell a majority stake in its global lubricants business does not impact Castrol India’s financial results for the quarter and six months ended 30 June 2026.
• Market Reach: Castrol India maintained a broad footprint of approximately 160,000 outlets, with the Auto Care portfolio expanding to 40,000 outlets and rural distribution reaching ~45,000 outlets.

Risks and Watch Points

Management has explicitly identified the current operating environment as challenging, highlighting two primary areas:

• Commodity Inflation: Severe inflation in commodities continues to put pressure on costs.
• Demand Uncertainty: Uneven monsoon conditions are being monitored as a potential risk factor that could influence demand patterns in the second half of 2026.

What This Means for Investors

Castrol India is currently navigating a "period of transition" as described by management. The strong financial performance in Q2 indicates that the company is effectively balancing current operational volatility with growth strategies in urban and rural markets. The dividend payout reflects management's confidence in the company's cash flow generation. Investors should continue to monitor how the company manages the highlighted inflationary pressures and whether demand remains resilient through the second half of the year.

Investor Takeaway

Castrol India has delivered a strong quarter characterized by double-digit top-line and bottom-line growth. The declaration of an interim dividend is a positive takeaway for shareholders. While the business shows resilience through its distribution network expansion and product innovation, the cautious stance regarding the second half of the year suggests that investors should remain attentive to commodity price trends and rural demand indicators.

Management Update

Castrol India Limited has initiated a Postal Ballot process to secure shareholder approval for the appointment of Mr. Saugata Basuray as the Managing Director of the company. The appointment is designated to be effective from 1 June 2026, for a duration of five consecutive years.

Corporate Governance and Compliance

The company has fulfilled its regulatory obligations by publishing notice of the Postal Ballot in major newspapers, specifically the Financial Express and Sakal. This action was taken in accordance with Regulation 30, read with Schedule III Part A Para A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Detailed information regarding the appointment and the ballot process has been made accessible to members via the company's website.

What This Means for Investors

This announcement is a procedural corporate governance event. Shareholders and investors should monitor the outcome of the Postal Ballot, as the appointment of a Managing Director is a key leadership transition. No financial implications or urgent risks were indicated in this filing.

Investor Takeaway

For investors, the key point is the leadership transition at the Managing Director level. This is a standard corporate action requiring member approval. No immediate action is required from shareholders beyond noting the governance process currently underway.

Leadership Transition

Castrol India Limited has announced the proposed appointment of Mr. Saugata Basuray as the Managing Director of the company. Mr. Basuray, who has been with the organization since 1999 and previously served as the Whole-time Director and Head-B2C Sales, was re-designated as Whole-time Director and Interim Chief Executive Officer effective 1 January 2026. The current proposal seeks shareholder approval via a postal ballot for a five-year term, running from 1 June 2026 to 31 May 2031.

Important Figures Used

Corporate Governance and Voting Process

• Resolution Type: Ordinary Resolution.
• Appointment Term: 5 years (1 June 2026 – 31 May 2031).
• Rotation: Not liable to retire by rotation.
• E-voting Start: 24 July 2026.
• E-voting End: 22 August 2026.
• Results Declaration: On or before 25 August 2026.

Remuneration Structure

The board has outlined a comprehensive remuneration package for the incoming Managing Director, which aligns with market standards and the company's policy. The package includes fixed pay components, city compensatory allowance, annual cash bonuses targeted at 55% of the Total Fixed Pay, and equity-linked incentives. Specifically, the prevailing employee stock option scheme entitles the Managing Director to stock options of the ultimate holding company (bp p.l.c.) equivalent to 95% of the Total Fixed Pay at the time of grant, bifurcated into an Equity Share Value Plan (30%) and Restricted Stock Units (65%).

Board Rationale

The Board of Directors has recommended Mr. Basuray's appointment based on his extensive experience in sales, marketing, and business leadership. Management highlighted his role in driving the company's multi-year go-to-market transformation program and expanding the distribution network into rural India, as well as his performance during the recent leadership transition period.

What This Means for Investors

This announcement is a formal governance step to finalize leadership continuity for Castrol India. Investors should note the upcoming voting timeline and the details regarding the new Managing Director's compensation structure, which includes performance-based incentives and equity-linked components typical for leadership roles. The process is procedural in nature and is aimed at ensuring stable and experienced management to steer the company's long-term business objectives.

Investor Takeaway

Castrol India is moving forward with the formal appointment of Mr. Saugata Basuray as Managing Director, reflecting a strategic continuity in leadership. Investors should be aware of the voting window between 24 July 2026 and 22 August 2026. The disclosed remuneration structure provides transparency into the executive compensation costs associated with this appointment. Shareholders should monitor the upcoming results of the postal ballot process.

Earnings Call Schedule

Castrol India Limited has confirmed the timeline for its upcoming financial results and subsequent investor interaction for the quarter and half-year ended 30 June 2026.

Management Representation

The company has confirmed that the following key management personnel will represent the leadership team during the call:

• Mr. Saugata Basuray: Managing Director
• Ms. Mrinalini Srinivasan: Chief Financial Officer & Whole-time Director

Participation Details

Investors and analysts interested in attending the call can access the interaction through the company-provided dial-in numbers or the direct access registration link. The session is structured to include a brief management discussion on financial performance, followed by an interactive question-and-answer segment.

What This Means for Investors

This announcement is a routine procedure following the conclusion of the quarter. Investors should monitor these dates to review the company's financial results upon release. Management commentary during the call typically provides insights into the operational highlights, demand trends, and market conditions that influenced the reported figures for the period ended 30 June 2026.

Board Meeting Details

Castrol India Limited has announced that a meeting of its Board of Directors is scheduled to take place on 4 August 2026. The primary purpose of this meeting is to review and approve the company's financial performance for the period ending 30 June 2026.

Key Agenda Items

The Board is set to consider the following business matters:

• Financial Results: Approval of the unaudited financial results for the quarter and half-year ended 30 June 2026.
• Interim Dividend: Consideration of the declaration of an interim dividend for the financial year 2026.

Trading Window Closure

In compliance with SEBI insider trading regulations, the company has confirmed that the trading window for its securities has been closed. The window is restricted from 30 June 2026 to 6 August 2026 (both days inclusive) to facilitate the publication of the quarterly financial results.

What This Means for Investors

This filing provides the schedule for the company's upcoming financial disclosure. Investors should monitor the outcome of the 4 August 2026 board meeting for the actual financial results and any official announcement regarding an interim dividend payout, which is often a key point of interest for shareholders.

Investor Takeaway

Castrol India has provided the timeline for its quarterly result release. The key event to watch is the board meeting on 4 August 2026, where the company will present its financial performance for the period ended 30 June 2026 and finalize its decision on a potential interim dividend for FY 2026. No immediate action is required from shareholders, but keeping track of the official results announcement is advisable.

Regulatory Compliance Update

Castrol India Limited has submitted the confirmation certificate pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026.

Key Highlights

The filing serves as a standard procedural confirmation regarding the company's shareholder services operations:

• Requirement: Compliance with Regulation 74(5) of SEBI (DP) Regulations, 2018.
• Authority: The certificate was issued by the company's Registrar and Transfer Agent (RTA), KFin Technologies Limited.
• Confirmation: The RTA has confirmed that all security certificates received for dematerialization between April 1, 2026, and June 30, 2026, were processed, mutilated, and cancelled as required.
• Outcome: The records have been updated in the register of members within the prescribed regulatory timelines, and the securities were duly listed on the relevant stock exchanges.

What This Means for Investors

This is a routine regulatory filing. It confirms that the company and its RTA are adhering to standard protocols regarding the dematerialization of shares. It does not carry material financial implications or indicate any changes in business operations, strategy, or financial health. Investors can view this as a matter of regular corporate governance and statutory compliance.

🧾 Concall Snapshot

• Company: Castrol India Limited
• Period: 1Q FY 2026
• Date: 29 April 2026
• Management Speakers: Saugata Basuray (Interim CEO), Mrinalini Srinivasan (CFO)

🗣️ Prepared Remarks Highlights

• Financial Growth: Revenue grew 9% to INR 1,545 crores, EBITDA rose 7% to INR 329 crores, and PAT increased 4% to INR 242 crores.
• Volume Performance: Overall volume growth for the quarter was 7% to 8% Y-o-Y.
• Rural Segment: Rural portfolio continues high double-digit growth, with distribution expanded to 40,000 outlets and 700 Rural Service Express units added.
• Industrial Business: Delivered another quarter of double-digit growth, sustaining a multi-quarter trajectory.
• Premium Focus: Premium brands portfolio delivered double-digit volume and value growth, particularly in high-density urban car segments.
• Infrastructure: Reached 34,000 independent bike workshops and 13,000 multi-brand car workshops.
• Strategic MOU: Signed an MOU with Hindustan Petroleum Corporation Limited (HPCL) to explore a Re-Refined Base Oil ecosystem in India.

🎯 Guidance & Outlook

• Margin Guidance: Management maintained an operating EBITDA margin guidance of 21% to 24% despite expected cost volatility.
• Pricing Action: Calibrated pricing actions were taken at the end of March to mitigate rising input costs.
• Data Centers: Active trials are ongoing for liquid cooling solutions (immersion and direct-to-chip), but it is too early for market size guidance.

❓ Investor/Analyst Q&A

• Q1 (Nitin Tiwari): Impact of raw material cost increases.
  • Management: Minimal impact in 1Q due to inventory cycles, but significant pressure is expected from 2Q onwards as higher crude and additive costs flow through.
• Q2 (Nitin Tiwari): Explanation for 23% Q-on-Q operating cost increase.
  • Management: Driven by one-time employee costs and non-structural expenses which should decrease in coming quarters.
• Q3 (Dhaval Popat): Focus on Electric Vehicles (EVs) vs Commercial Vehicles.
  • Management: Actively present in EVs through partnerships (Ather, Tata) but believes ICE engines will remain significant; focus is on making them more efficient with "thin" products.
• Q4 (Sabri Hazarika): Clarity on volume growth.
  • Management: Confirmed 7% to 8% Y-o-Y volume growth for 1Q.
• Q5 (Rahul Ahuja): Hedging policy for currency.
  • Management: Maintains a 60-day hedging policy covering roughly 50% of raw material costs that are imported in USD.
• Q6 (Vipulkumar Shah): Revenue breakdown by segment.
  • Management: Commercial vehicles and bikes account for ~60% of sales; cars contribute 15-20%; remainder is industrial.
• Q7 (Namish Pandya): Comparison of rural vs urban margins.
  • Management: Rural margins are accretive and strong as consumers favor premium products like Castrol Activ; urban car margins are the highest.

⚠️ Risks & Red Flags

• Input Cost Volatility: Management explicitly stated crude and other feedstock (additives, packaging) costs have shown "huge increase."
• Geopolitical Headwinds: Conflict in the Middle East is cited as a source of "unpredictability of lead times" and sourcing pressure.
• Currency Pressure: Rupee depreciation of 6.5-7% against the USD creates a significant headwind for imported components.
• Short-term Margin Volatility: Acknowledged that while structural margins are targeted at 21-24%, short-term volatility in numbers may occur.

🧠 Retail Investor Takeaway

Castrol India delivered steady growth in 1Q FY 2026, but the focus shifts to how the company will handle rising costs in the coming quarters. While the company grew volumes by 7-8%, it warned that the benefits of lower-cost inventory are now exhausted. The company’s resilience depends on its ability to pass through higher crude and additive prices via pricing actions already started in late March. The expansion into rural markets and potential long-term opportunities in data center cooling provide growth avenues, but high raw material costs and currency weakness remain the primary near-term concerns.

Summary

• Castrol India Limited has made available the recording of its post-earnings call for the first quarter of FY2026.
• The call, held on April 29, 2026, discussed the company's unaudited financial results for the quarter ending March 31, 2026.
• The recording can be accessed via a link provided on the company's official website.

Key Numbers & Dates

• Earnings Call Date: April 29, 2026 (The call discussed results for the quarter ended March 31, 2026).

What to Track Next

• Investors can listen to the recording of the 1Q FY2026 earnings call on the Castrol India website to understand management's discussion on financial results.

Castrol India Limited announced its unaudited financial results for the quarter ended March 31, 2026, via newspaper publications as per SEBI regulations. The results were published on April 29, 2026, in the Financial Express and Sakal newspapers. Information will also be available on the company's website, www.castrol.co.in.

📊 Performance Summary

• Reporting Period(s): Quarter ended March 31, 2026, and Year ended December 31, 2025.
• Unit: Rupees in Crore

(A) Quarterly Results

• Standalone Results:
  • Total Income: ₹1,568.58 crore
  • Revenue from Operations: ₹1,545.24 crore
  • Total Expenses: ₹1,245.47 crore
  • Profit After Tax: ₹242.18 crore
  • EPS: ₹2.45
• YoY Comparison (Total Income): ₹1,568.58 (Current) vs ₹1,454.24 (Previous). YoY growth is 7.86%.
• YoY Comparison (Revenue from Operations): ₹1,545.24 (Current) vs ₹1,422.00 (Previous). YoY growth is 8.67%.

(B) Annual Results

• Standalone Results (Year Ended 31.12.2025):
  • Total Income: ₹5,788.93 crore
  • Revenue from Operations: ₹5,721.50 crore
  • Total Expenses: ₹4,484.09 crore
  • Profit After Tax: ₹949.93 crore
  • EPS: ₹9.60

✅ What Looks Positive

• The company maintained growth in revenue from operations, increasing from ₹1,422.00 crore to ₹1,545.24 crore (8.67%) compared to the same quarter last year.
• Profit after tax saw a modest increase of 3.74% YoY for the quarter.

⚠️ Risk Alerts & Concerns

• Management identified early signs of external headwinds related to currency fluctuations and rising raw material costs driven by geo-political events.
• The company recognized an exceptional one-time expense of ₹22.53 crore in 2025 related to new labor codes for employee past services.

🧠 Investor Takeaway

Castrol India continues to demonstrate steady revenue growth, though profit growth is slightly lagging revenue gains due to cost pressures. The most significant news for investors is the planned change in majority ownership, with bp plc selling a 65% stake in the global lubricants business to Stonepeak, which may bring future changes to strategic direction after the expected completion in late 2026.

Summary

• Castrol India reported a strong Q1 FY26 performance with revenue up 9% year-on-year to ₹1,545 Crore.
• EBITDA rose 7% to ₹329 Crore, and Profit After Tax (PAT) increased 4% to ₹242 Crore.
• The company expanded its rural reach, focused on premium brands, and achieved market share gains.
• Management highlighted efforts to navigate external headwinds such as currency and raw material costs.

Key Numbers & Dates

• Board Meeting held on: 28 April 2026
• Financial Quarter: Ended 31 March 2026
• Revenue (Q1 FY26): ₹1,545 Crore
• EBITDA (Q1 FY26): ₹329 Crore
• Profit After Tax (Q1 FY26): ₹242 Crore
• Revenue (Q1 FY25): ₹1,422 Crore
• EBITDA (Q1 FY25): ₹307 Crore
• Profit After Tax (Q1 FY25): ₹233 Crore

What Changes for the Business

• The company expanded its rural distribution network and grew its rural portfolio at double digits.
• Focus on premium brands and increased distribution in urban markets led to double-digit volume and value growth.
• The industrial business sustained double-digit growth, contributing to market share gains.
• An MoU was signed with HPCL to explore the development of a re-refined base oil (RRBO) ecosystem.

⚠️ What Could Go Wrong

• [Financial] External headwinds on currency and raw material costs driven by geo-political events pose a challenge.
• [Other] The company is navigating a more volatile and inflationary environment.
• [Deal] bp plc plans to sell a 65% shareholding in Castrol's global lubricants business to Stonepeak, subject to legal clearances, with completion expected by end of 2026.
• [Financial] The company is assessing the financial impact of newly notified Government of India Labour Codes.

Results Snapshot

• Revenue from operations: ₹1,545 Crore (Q1 FY26) vs ₹1,422 Crore (Q1 FY25), up 9%.
• EBITDA: ₹329 Crore (Q1 FY26) vs ₹307 Crore (Q1 FY25), up 7%.
• Profit after tax (PAT): ₹242 Crore (Q1 FY26) vs ₹233 Crore (Q1 FY25), up 4%.

What to Track Next

• Monitoring finalisation of Central/State Rules for New Labour Codes and recognizing any impact on estimates.
• Tracking the progress and approvals for the sale of 65% of Castrol's global lubricants business to Stonepeak, expected to close by end of 2026.
• Navigating external headwinds and managing pricing, cost discipline, and supply resilience.

Summary

• Mr. Rajeev Govil, Vice President, B2B Sales at Castrol India Limited, will retire.
• His cessation as Senior Management Personnel is effective from close of business hours on April 30, 2026.
• The company is in the process of filling the vacancy.

Key Numbers & Dates

• Cessation Date: April 30, 2026

What Changes for the Business

• Mr. Govil's responsibilities will be intermittently handled by a senior team member identified by the company.
• The company is actively working to fill the resulting vacancy.

What to Track Next

• Intimation of the successor once an appointment is made.

Sarla Performance Fibers Limited has announced the publication of newspaper advertisements detailing their audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. These advertisements appeared in Financial Express and Gujarat Guardian on April 24, 2026. The report also includes financial results from Himadri Speciality Chemical Ltd and Gujarat Hotels Ltd, a postal ballot notice from Eris Lifesciences Ltd concerning an independent director appointment, and a notice regarding the transfer of shares and unpaid dividends to the IEPF from Castrol India Limited.

Castrol India Limited has issued a public notice in newspapers like Financial Express and Sakal, as per Section 124 of the Companies Act, 2013 and related IEPF rules. The company is required to transfer shares with unpaid/unclaimed dividends for seven consecutive years to the IEPF Authority's demat account. Shareholders who have not claimed their dividends for the financial year ended December 31, 2018, and onwards are urged to contact the company or its Registrar and Share Transfer Agent, KFin Technologies Limited, by June 15, 2026, to submit their claims. Failure to do so will result in the transfer of these shares and dividends to the IEPF, after which claims can only be made from the Authority.

Summary

• Castrol India Limited has scheduled a post-earnings conference call for its Q1 FY2026 financial results.
• The call is set for Wednesday, April 29, 2026, from 12:30 PM to 1:15 PM IST.
• This follows the Board of Directors' meeting on April 28, 2026, to adopt the unaudited results for the quarter ended March 31, 2026.
• Management team members, including the Interim CEO and CFO, will participate.

Key Numbers & Dates

• Board Meeting to adopt results: April 28, 2026
• Q1 FY2026 Post Earnings Call: April 29, 2026
• Call Time: 12:30 PM - 1:15 PM IST

⚠️ What Could Go Wrong (source-based)

• [Financial] Forward-looking statements made during the call are subject to risks and uncertainties, and actual results may differ materially from projections.

What to Track Next

• Monitor the Board meeting on April 28, 2026, for the adoption of Q1 FY2026 financial results.
• Listen to the earnings call on April 29, 2026, for management's discussion and Q&A.
• The schedule is subject to change due to unavoidable circumstances.

Summary

• Castrol India has upgraded its flagship Castrol Activ (two-wheeler) and Castrol GTX (four-wheeler) product lines to full synthetic formulations.
• This initiative aims to make advanced engine protection and performance more accessible to the mass market, positioning Castrol India as a segment disruptor.

Key Numbers & Dates

• Announcement Date: 9 April 2026
• Retail Outlets: Over 150,000 nationwide
• Castrol Activ performance: 20% improved protection across engine, clutch, and gearbox.
• Related product performance (SUVs): Up to 50% better wear protection and up to 30% improved on-demand performance for Castrol MAGNATEC and Castrol EDGE.

What Changes for the Business

• The transition to full synthetic for Activ and GTX signifies a strategic move to align with evolving consumer needs and mobility trends.
• It enhances the product portfolio by offering higher-specification lubricants that provide better engine protection and consistent performance, making advanced technology available to a wider customer base.

What to Track Next

• Availability of the new product range across Castrol India's extensive distribution network and online stores.

📊 Performance Summary

• Reporting Period(s): Quarter ended 31 March 2026 (Scheduled Review Date)

This document is a formal intimation of an upcoming board meeting. It informs stakeholders of the scheduled date for the approval of quarterly financial results but does not include any actual performance figures or financial tables.

✅ What Looks Positive

No clear positives visible in provided data.

⚠️ Risk Alerts & Concerns

No risks supported by extracted data.

🧠 Investor Takeaway

Castrol India's Board of Directors is scheduled to meet on 28 April 2026 to review and approve the financial performance for the quarter ended 31 March 2026. This filing is a regulatory notice and contains no earnings or revenue data for the period.

Summary

• Castrol India Limited has submitted a certificate of compliance to the BSE and NSE.
• The certificate confirms adherence to SEBI (Depositories and Participants) Regulations, 2018.
• It covers the financial quarter ending March 31, 2026.

Key Numbers & Dates

• Quarter ended: March 31, 2026
• Certificate issued by KFin Technologies on: April 6, 2026
• Castrol India's letter filed on: April 7, 2026

What Changes for the Business

• This is a routine compliance filing confirming adherence to regulatory requirements regarding dematerialization and listing of securities.

⚠️ What Could Go Wrong (source-based)

• None indicated in the source text. The document is a confirmation of compliance.

Results Snapshot

• Not applicable as this document is a regulatory compliance certificate.

What to Track Next

• No specific next steps are mentioned beyond taking the filing on record by the stock exchanges.

Summary

• Castrol India Limited held its 48th Annual General Meeting (AGM) on March 30, 2026.
• All four ordinary resolutions put before the shareholders were passed with a strong majority.
• Key resolutions included the adoption of audited financial statements, declaration of a final dividend, director re-appointment, and ratification of auditor remuneration.

Key Numbers & Dates

• AGM Date: March 30, 2026
• Total Resolutions Passed: 4 (Ordinary)
• Final Dividend Declared: Rs. 5.25 per equity share for FY 2025.
• Voting Outcome: All resolutions received overwhelming support, with voting in favour ranging from 99.51% to 99.99% of total valid votes.

What Changes for the Business

• The company's audited financial statements for the year ended December 31, 2025, have been adopted.
• Shareholders approved the declaration of a final dividend of Rs. 5.25 per equity share.
• A director was re-appointed, and the remuneration for the cost accountants was ratified.

What to Track Next

• The company will proceed with the declared dividend payment and the re-appointment of the director as approved.

Summary

• Castrol India Limited has announced the closure of its trading window for designated persons.
• This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the company's financial results.
• The trading window will reopen two days after the results are declared.

Key Numbers & Dates

• Quarter end: March 31, 2026
• Trading window closes from: March 31, 2026
• Trading window reopens: Two trading days after declaration of Q4 FY26 unaudited financial results.

What to Track Next

• The company will intimate the date of the Board Meeting to consider the unaudited financial results for the quarter ending March 31, 2026.

Castrol India Limited has informed shareholders about its upcoming 48th Annual General Meeting (AGM) to be held on Monday, March 30, 2026, at 10:00 AM IST. The meeting will be conducted virtually through Video Conferencing/Other Audio-Visual Means. This notice was published in the Financial Express and Sakal newspapers on February 26, 2026, and is also available on the company's website. J.K. Fenner (India) Limited and Vishnu Chemicals Limited also issued separate shareholder notices regarding dividend transfers to IEPF and physical share dematerialization respectively.

Summary

• Castrol India Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended December 31, 2025, to the BSE and NSE.
• This report forms part of the Annual Report 2025 and is also accessible on the company's website.

Key Numbers & Dates

• The report pertains to the financial year January - December 2025.
• Castrol India Limited has a Paid-up Capital of ₹494.56 Crore.
• The filing letter was dated 25 February 2026.

What Changes for the Business

• The BRSR details the company's ESG initiatives implemented throughout 2025, its sustainability strategy (PATH360), and its approach to responsible business conduct.
• It outlines the company's commitment to environmental and social matters, including efforts in reducing carbon emissions and waste management.

⚠️ What Could Go Wrong (source-based)

• [Risk] Supply chain disruption may result in increased cost of materials, as the company may be compelled to seek materials or products from alternate suppliers or manufacturers. (Source: Section VII, Item 26 - Sustainable Supply Chain)
• [Risk] Failure in managing risks can lead to unexpected financial losses, compliance fines, reputational damage, and missed growth opportunities. (Source: Section VII, Item 13 - Risk Management)
• [Risk] Cybersecurity breaches could put CIL, as well as its customers, at significant risk and cause reputational damage. (Source: Section VII, Item 14 - Data Privacy and Data Security)

What to Track Next

• Investors can track the company's progress on its ESG initiatives and sustainability goals as detailed in the BRSR.

Summary

• Castrol India Limited has announced its 48th Annual General Meeting (AGM) will be held on March 30, 2026, via video conference.
• The company has also released its Annual Report for the financial year ended December 31, 2025.
• Shareholders can expect to receive these documents via email. The cut-off date for determining eligibility for remote e-voting is March 23, 2026.

Key Numbers & Dates

• 48th Annual General Meeting (AGM): March 30, 2026
• Cut-off date for remote e-voting: March 23, 2026
• Financial Year End: December 31, 2025

Results Snapshot

• Revenue from Operations (FY ended Dec 31, 2025): ₹5,721.50 Crore
• Profit after tax (FY ended Dec 31, 2025): ₹949.93 Crore
• EBITDA (FY 2025): ₹1,348 Crore
• Dividend per share (FY 2025): ₹8.75

What to Track Next

• Shareholders should note the AGM date for the adoption of the audited financial statements and the declaration of the proposed final dividend.

Summary

• Castrol India Limited announced its 48th Annual General Meeting (AGM) will be held virtually on March 30, 2026.
• The cut-off date for determining shareholder eligibility for voting is March 23, 2026.
• The company has released its Annual Report for the financial year ended December 31, 2025.
• The report includes financial highlights such as ₹5,722 Crore revenue and ₹9.60 earnings per share.
• It also mentions bp plc's ongoing strategic review of its global lubricants business.

Key Numbers & Dates

• 48th Annual General Meeting (AGM): Monday, 30 March 2026
• Cut-off date for voting eligibility: Monday, 23 March 2026
• Financial Year Ended: 31 December 2025
• Revenue from Operations (FY2025): ₹5,722 Crore
• Earnings Per Share (FY2025): ₹9.60
• Dividend Per Share (proposed): ₹8.75
• Total Employees: 632
• CSR Spend: ₹25.28 Crore
• bp strategic review completion: Expected by End of 2026

What Changes for the Business

• The company is holding its 48th AGM virtually, aligning with modern practices for shareholder engagement.
• The release of the Annual Report provides detailed insights into the company's financial performance, strategic direction, and operational highlights for FY2025.
• A significant development noted is bp plc's strategic review of its global lubricants business, which includes an agreement to sell a 65% stake to Stonepeak, expected to finalize by end of 2026. While this may alter the ownership structure, Castrol India's day-to-day operations and strategic priorities are stated to remain unchanged.

⚠️ What Could Go Wrong (source-based)

• The provided text does not contain specific risks or concerns related to this announcement.

Results Snapshot

• Not applicable as this document is a notice for an AGM and release of the Annual Report.

What to Track Next

• Attend the 48th AGM for updates and shareholder resolutions.
• Monitor developments regarding bp plc's strategic review and the potential sale of its stake in Castrol's global business.

News Crux

Castrol India Limited has filed an intimation regarding its participation in an upcoming Analysts/Investors Meet. The company officials will interact with analysts and investors at the Kotak Institutional Equities Conference.

Key Events

Analysts/Investors Meet Scheduled

• Event Name: Chasing Growth 2026 – Kotak Institutional Equities Conference
• Date: Tuesday, 24 February 2026
• Time: 3:00 p.m. IST onwards
• Location: Grand Hyatt, Kalina, Mumbai
• Mode: In person
• Nature of Interactions: One to One and Group Interactions
• Participants: Analysts/Investors

Note: The schedule is subject to change, and no unpublished price sensitive information will be shared.

Castrol India Limited has issued a newspaper advertisement on February 17, 2026, to inform its shareholders about the 48th Annual General Meeting. The meeting is scheduled to take place on Monday, March 30, 2026, at 10:00 a.m. IST. It will be conducted entirely through Video Conferencing or Other Audio-Visual Means. The company has also made this information available on its website.

Castrol India Limited has submitted its Annual Secretarial Compliance Report for the financial year ended December 31, 2025, as required under Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report was prepared by independent company secretaries, Parikh & Associates.

The report generally confirms that Castrol India Limited has complied with the provisions of the SEBI Act, SCRA, and various SEBI Regulations, circulars, and guidelines during the review period. This includes adherence to the SEBI LODR Regulations, 2015, among others.

However, the report noted two specific instances of deviation from compliance requirements:

• Late XBRL Filings: In two instances, the XBRL filings were submitted beyond the stipulated 24-hour timeline.
• Late Reporting of KMP Change: The submission of a pdf related to a change in key managerial personnel was also made beyond the 24-hour timeframe.

The management of Castrol India Limited provided remarks indicating that the company will ensure it adheres to statutory timelines for all disclosures going forward.

The report also affirmatively stated compliance across several other crucial areas, including:

• Adherence to Secretarial Standards.
• Adoption and timely updating of company policies.
• Maintenance of a functional website with timely disclosures.
• Confirmation that none of the Directors are disqualified.
• Preservation of documents as per regulations.
• Conducting performance evaluations for the Board and Directors.
• Obtaining prior approval from the Audit Committee for all Related Party Transactions.
• Timely disclosure of events or information as per Regulation 30.
• Compliance with Prohibition of Insider Trading Regulations.
• Absence of any actions taken against the listed entity by SEBI or Stock Exchanges.

Notably, the company did not have any material subsidiaries during the review period, and there were no resignations of statutory auditors. The report concludes that there were no additional non-compliances identified beyond the two instances mentioned, and no employee benefit schemes were presently approved by the company.

Castrol India Limited held its Q4 FY2025 earnings conference call on February 4, 2026, reporting a strong financial year with significant revenue and volume growth. For the full fiscal year 2025, the company achieved its highest-ever revenue, growing 7% year-on-year to INR 5,722 crores, supported by an 8% volume increase driven by steady demand in personal mobility and scale-up in the industrial business. The industrial portfolio and rural distribution delivered double-digit growth for the year. EBITDA for the full year stood at INR 1,348 crores, a 5% year-on-year increase, while Profit After Tax (PAT) reached INR 950 crores, up from INR 927 crores in the prior year. The full-year EBITDA margin was maintained at a healthy 24%, closing at the top end of the company's guidance range of 21% to 24%, reflecting disciplined cost control, pricing, and mix optimization.

In the fourth quarter of FY2025, revenue grew by 6.4% year-on-year to INR 1,440 crores, marking the highest quarterly revenue in nearly two decades, with volumes up 8%. However, PAT for the quarter was INR 245 crores, which was approximately 8% higher sequentially compared to Q3 FY2025 but down from INR 271 crores in Q4 FY2024. This year-on-year decline in Q4 PAT was attributed to one-time Labour Code-related changes. While Q4 EBITDA margins were reported higher at 26% due to year-end base oil rebates, an analyst noted a year-on-year margin dilution. Management explained this dilution stemmed from a strategic shift towards the industrial business (which has inherently lower margins than automotive), ongoing investments in brand building and distribution, and macroeconomic factors like foreign exchange volatility.

Looking ahead, Castrol India anticipates India's mobility landscape to evolve, with internal combustion engines and hybrids forming the market backbone for the foreseeable future, even as new technologies scale up. Growth is expected to be supported by sustained economic growth and low per capita penetration of vehicles, alongside government manufacturing initiatives driving industrial segment growth. The company plans to strengthen its core automotive business, accelerate supply chain localization, and grow in adjacent areas including services and solutions. Key risks identified include competitive pressure and volatility in raw material prices and currency movements. The company also highlighted innovation, launching approximately 20 localized products and upgrading its MAGNATEC offering. Its distribution network now spans over 150,000 outlets nationwide, and it has forged collaborations, including an MOU with VinFast Auto India for EV aftersales. An emerging opportunity in data center immersion coolants was also discussed, though considered early stage.

Financially, the company maintained a strong balance sheet with robust cash generation from operations and tight working capital management. The Board has recommended a final dividend of INR 5.25 per share, taking the total dividend for the year to INR 8.75 per share, reflecting a payout ratio of 91%. Capex is planned at around INR 100 crores annually, focused on plants, capacity for innovation, and distribution enablement. Regarding the global BP stake sale in Castrol, management indicated it is 'business as usual' for Castrol India, with the transaction subject to regulatory approvals.

Other notable points from the call included discussions on EV fluids, where about 70% of OEMs in India have approved Castrol products, though the volume is currently small with margins comparable to core automotive products. The company also signed an MOU with HPCL to explore developing a base oil RRBO (Renewable Re-Refined Base Oil) ecosystem in India. The overall automotive business constitutes about 87-88% of sales, with industrial at 12-13%, and advertising and promotion spend was maintained at a healthy 2-3% of revenue.

Castrol India Limited has officially announced its audited financial results for the fourth quarter and the full fiscal year ending December 31, 2025. This disclosure, made via newspaper publications in Financial Express (English) and Sakal (Marathi) on February 4, 2026, adheres to SEBI regulations. The company has also made these results available on its official website for stakeholders.

Castrol India Limited has officially announced its audited financial results for the fourth quarter and the full fiscal year ending December 31, 2025. This disclosure, made via newspaper publications in Financial Express (English) and Sakal (Marathi) on February 4, 2026, adheres to SEBI regulations. The company has also made these results available on its official website for stakeholders.

Castrol India Limited has informed the exchanges that the recording of its post-earnings call for the fourth quarter and year ended December 31, 2025, is now available. The call, which took place on Wednesday, February 4, 2026, from 12:00 p.m. IST to 1:00 p.m. IST, was held to discuss the company's audited financial results. The recording can be accessed by investors and analysts on the company's official website under the investor relations section, specifically within the 'INVESTOR CALL DETAILS --- 2025 --- 4Q FY 2025' segment. This disclosure is made pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Castrol India Limited announced its financial results for the quarter and year ended December 31, 2025, following a Board meeting on February 3, 2026. The company reported its highest-ever revenue from operations for the fiscal year 2025 (FY25), amounting to ₹5,721.50 Crore, a 7.01% increase year-on-year (YoY) compared to ₹5,364.85 Crore in FY24. Volume growth for the full year was robust at 8% YoY. The fourth quarter (4Q) of FY25 also saw strong performance, with revenue from operations at ₹1,439.92 Crore, up 6.36% YoY from ₹1,353.89 Crore in 4Q FY24, and this quarterly revenue marked the highest in 20 years.

Profit After Tax (PAT) for FY25 stood at ₹949.93 Crore, a modest increase of 2.46% YoY from ₹927.23 Crore in FY24. The PAT for 4Q FY25 was ₹244.67 Crore, a decrease of 10.04% YoY from ₹271.39 Crore in 4Q FY24. This decline in quarterly PAT was primarily due to an exceptional item of ₹22.53 Crore (before tax) recognized on account of incremental estimated obligations under the newly notified Labour Codes.

Management highlighted that the strong performance was driven by disciplined execution of strategy, including scaling up the industrial business and expanding distribution in rural India, both delivering double-digit YoY growth. The company also launched approximately 20 new and localized products across automotive, industrial, and speciality segments during the year.

Looking ahead, management expects India's mobility landscape to continue evolving, with internal combustion and hybrid engines remaining dominant, while demand for newer technologies grows. Sustained economic growth and low per capita penetration of vehicles are expected to drive lubricant demand. Key risks identified include competitive pressure, volatility in raw material costs, and currency movements. The company plans to strengthen its core business, accelerate supply chain localization, and grow in adjacencies.

In terms of financial health, total assets stood at ₹3,394.85 Crore as of December 31, 2025, down from ₹3,635.29 Crore a year prior. Total equity decreased to ₹1,900.30 Crore from ₹2,278.37 Crore, largely due to dividend payouts. Operating cash flow for FY25 was ₹1,090.14 Crore, an increase from ₹1,044.10 Crore in FY24. The company significantly increased its dividend payout, with total financing outflows driven by dividend payments rising from ₹791.30 Crore in FY24 to ₹1,315.12 Crore in FY25.

The Board recommended a final dividend of ₹5.25 per share for FY25, bringing the total dividend for the year to ₹8.75 per share. Strategic agreements were also signed with Triumph Motorcycles and VinFast Auto India to support product offerings and EV after-sales services. The company's business operates as a single segment: 'Lubricants'.

Castrol India announced its financial results for the fiscal year and fourth quarter ended December 31, 2025. The company achieved its highest-ever revenue for FY25, reaching ₹5,722 crore, a 7% year-on-year increase, primarily driven by sustained volume momentum, market share gains in the automotive segment, scaling up of the industrial business, and expansion of its distribution network in rural India.

Quarterly/Annual Results:
For the full year FY25, revenue from operations grew 6.6% year-on-year to ₹5,721.50 crore. Profit before exceptional item and tax (closest to EBITDA) was ₹1,304.84 crore, a 3.7% increase YoY. Profit after tax (PAT) stood at ₹905.49 crore, a marginal decrease of 2.3% YoY, largely due to an exceptional item of ₹22.53 crore recognized for incremental estimated obligations under the New Labour Codes. Earnings Per Share (EPS) for FY25 was ₹9.60, an increase of 2.4% YoY.

In the fourth quarter (Q4) of FY25, revenue from operations rose 6.2% YoY to ₹1,439.92 crore. PAT for Q4 FY25 was ₹244.67 crore, a decrease of 9.9% YoY.

Guidance & Concall Commentary:
Management did not provide specific forward-looking financial guidance for revenue or margins. However, they outlined expectations for India's evolving mobility landscape, continued lubricant demand drivers from economic growth and low per capita penetration, and strategic priorities including strengthening the core business, accelerating supply chain localization, and adapting to market shifts.

Financial Deep Dive:

• Income Statement: Revenue growth was steady at 6.6% for the year. PAT saw a slight decline YoY due to the exceptional item impacting profitability. EBITDA margins remained robust, around 22.8% for FY25.
• Balance Sheet: Total assets saw a minor reduction YoY. Equity decreased, influenced by dividend payouts. The company maintained a net cash position, with cash and cash equivalents increasing to ₹72.07 crore (FY25) from ₹60.26 crore (FY24).
• Cash Flow: Operating cash flow improved by 4.4% YoY to ₹1,090.14 crore in FY25. Capital expenditure for Property, Plant and Equipment (PPE) and Capital Work-in-Progress (CWIP) was significantly lower at ₹266.89 crore (vs ₹796.51 crore in FY24). The company also recorded substantial proceeds from the sale of PPE, leading to a marked improvement in Free Cash Flow generation.
• Key Ratios: Interest cover remained very high at approximately 138x, indicating strong debt servicing capability. The company operates with a net cash surplus, resulting in negligible debt-to-equity and net debt to EBITDA ratios.

Key Events:
The Board of Directors recommended a final dividend of ₹5.25 per share for FY25, bringing the total dividend for the year to ₹8.75 per share. An exceptional item of ₹22.53 crore was recognized due to estimated obligations under the New Labour Codes. In a significant development, the ultimate holding company, bp plc, announced an agreement to sell a 65% stake in Castrol's global lubricants business to Stonepeak, a transaction expected to be completed by the end of 2026, with no immediate impact on FY25 results.

Operationally, Castrol India launched approximately 20 new products across automotive, industrial, and specialty segments, expanded its Auto Care portfolio, and enhanced its distribution network. Strategic agreements were also signed with Triumph Motorcycles and VinFast Auto India.

Outlook:
The company anticipates steady evolution in India's mobility sector, with internal combustion and hybrid engines continuing to dominate while newer technologies gain traction. Key risks identified include competitive pressure and volatility in raw material costs and currency movements.

Castrol India Limited announced its financial results for the quarter and year ended December 31, 2025. The Board of Directors approved the financial results and recommended a final dividend of ₹5.25 per share.

Quarterly/Annual Results:
For the Financial Year 2025 (FY25), Castrol India reported its highest-ever revenue from operations at ₹5,722 Crore, marking a 7% year-on-year growth. EBITDA saw a 5% increase to ₹1,348 Crore. Profit After Tax (PAT) stood at ₹950 Crore, a slight rise from ₹927 Crore in FY24. Volumes for the year grew by 8% YoY, driven by the core automotive business, scaling up of the industrial business, and expansion of its distribution network.
In the fourth quarter of 2025 (4Q FY25), revenue from operations reached ₹1,440 Crore, the highest in 20 years, up 6% YoY. EBITDA for the quarter was ₹368 Crore, up 14% sequentially, though it saw a 2% decrease YoY from ₹376 Crore in 4Q FY24. Volumes in 4Q FY25 also grew by 8% YoY.

Guidance & Management Discussion:
Management highlighted FY25 as a strong year characterized by sustained volume-led growth and market share gains. Key growth drivers included the industrial business and rural distribution expansion, both achieving double-digit YoY growth. The company focused on product launches and strengthening OEM relations. Management anticipates India's mobility landscape will evolve steadily, with internal combustion and hybrid engines remaining dominant, while demand for newer technologies grows. Lubricant demand is expected to be supported by economic growth and low per capita vehicle penetration, alongside manufacturing initiatives in the industrial segment. Identified risks include competitive pressure, volatility in raw material costs, and currency movements. The strategic focus is on strengthening the core business, accelerating supply chain localization, and growing in adjacent segments.

Financial Deep Dive:
The income statement reflects robust revenue growth attributed to volume momentum and strategic initiatives. An exceptional item of ₹22.53 Crore was recognized for incremental estimated obligations under the New Labour Codes, impacting PAT. On the balance sheet, total equity stood at ₹1,900.30 Crore as of December 31, 2025, a decrease from ₹2,278.37 Crore in the prior year. Property, Plant, and Equipment (PPE) increased to ₹61.98 Crore from ₹41.54 Crore YoY. Cash and cash equivalents were ₹426.62 Crore. Cash flow from operations for FY25 was ₹1,090.14 Crore. The company paid dividends totalling ₹1,030 Crore in FY25. EBITDA margins for FY25 were approximately 23.56%.

Key Events and Operational Updates:

• Dividend: The Board recommended a final dividend of ₹5.25 per share (face value ₹5), bringing the total dividend for FY25 to ₹8.75 per share.
• Exceptional Item: ₹22.53 Crore recognized due to new Labour Codes.
• Product Innovation: Approximately 20 localized products were launched across automotive, industrial, and specialty segments, including specific product names like Hysol SL 20 XBB and Radicool. The Auto Care portfolio was expanded.
• Brand and Network Growth: High-impact brand campaigns reached over 300 million consumers. The FastScan mechanic app surpassed 1 million registered mechanics. The national distribution network expanded to approximately 150,000 outlets, with rural distribution reaching around 40,000 outlets.
• Strategic Agreements: Signed agreements with Triumph Motorcycles and VinFast Auto India.
• Global Business Update: bp, the ultimate holding company, announced an agreement to sell a 65% stake in Castrol's global lubricants business to Stonepeak, subject to approvals and expected by the end of 2026. This does not impact current financial results.

Outlook:
Management foresees steady evolution in the mobility sector, with continued relevance of ICE and hybrid engines. Growth in lubricant demand is anticipated due to economic expansion and increasing vehicle penetration, while the industrial segment is expected to be supported by manufacturing initiatives. Key challenges include competition and market volatility.

Hindustan Petroleum Corporation Limited (HPCL) has issued a clarification regarding a news item that appeared on cnbctv18.com on January 27, 2026, concerning a potential collaboration with Castrol India Limited. HPCL confirmed that it has signed a non-binding Memorandum of Understanding (MOU) with Castrol India Limited to explore the development of a Re-Refined Base Oil ecosystem within India. The company emphasized that this arrangement is primarily a framework for further discussions between the two entities and does not have any immediate impact on HPCL's operational or financial parameters. Furthermore, HPCL stated that there is no information or announcement that, in its opinion, may have a bearing on the movement in the trading of its scrips. The company also noted that the news article does not pertain to any regulatory or legal proceedings and has no material impact. Any observed movements or changes in the company's share price were attributed solely to prevailing market conditions and are considered market-driven.

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Castrol India Limited and Hindustan Petroleum Corporation Limited (HPCL) have announced a Memorandum of Understanding (MoU) to collaboratively explore the establishment of a Re-Refined Base Oil (RRBO) ecosystem in India. This strategic partnership signifies a move towards greater circularity within the lubricant industry, focusing on the collection and subsequent re-refining of used lubricating oil.

The core objective of this collaboration is to thoroughly evaluate the commercial, operational, and technical feasibility of implementing a scaled circular model. This involves assessing how used oil can be effectively collected, processed to recover valuable base oil, and then utilized in the production of new lubricants.

Management commentary highlights the significance of this initiative. Ch Srinivas from HPCL stated that circularity in value chains will be increasingly important as energy markets transition, and this partnership aims to structure an ecosystem for used oil recovery, promoting responsible resource use. Saugata Basuray of Castrol India echoed these sentiments, noting that used oil is a valuable resource if managed correctly. He emphasized that this MoU allows exploration of a model that could reduce waste, mitigate environmental impact, and align with India's growing focus on circular economy principles.

International studies suggest that re-refining used oil can yield high-quality base oil, recovering between 70-80% of the material, while consuming considerably less energy compared to refining crude-based virgin base oils. When processed to meet specifications, RRBO is known to perform comparably to conventional base oils.

The two companies will commence their assessment activities immediately. These activities will include mapping out potential collection channels for used oil, evaluating the capacity and requirements for re-refining facilities, and rigorously testing the suitability of RRBO across various lubricant formulations. The insights and findings derived from this comprehensive study will be pivotal in guiding the potential next phases of this initiative. HPCL's profile mentions its commitment to environmental stewardship, and Castrol India, part of the bp group, is recognized for driving technological advancements globally. This MoU represents an exploratory step towards more sustainable operations for both entities in the Indian market.

In a landmark development, BP announced its decision to sell a 65% stake in its global Castrol business to Stonepeak for $10.1 billion, with the transaction expected to conclude by the end of 2026. This significant transaction will lead to an indirect change in control for Castrol India Limited, necessitating a mandatory open offer for the public shareholders of Castrol India at a price of ₹194.04 per share, as per SEBI regulations.

Separately, Castrol India Limited reported resilient financial results for the third quarter (Q3) of Fiscal Year 2025. Revenue from operations increased by 6% year-on-year to ₹1,363 Crore, while Profit After Tax (PAT) saw a robust 10% year-on-year growth, reaching ₹228 Crore. Volume growth was recorded at 7% year-on-year. For the nine-month period ended September 30, 2025, revenue grew 7% YoY to ₹4,282 Crore, and PAT climbed 8% YoY to ₹705 Crore, with volumes up 8%. Management attributed this performance to strong momentum in the industrial and rural segments, supported by strategic initiatives including new product launches and partnerships.

Operational highlights include the launch of the upgraded MAGNATEC engine oil range, meeting the API SQ specification, and the introduction of the All-in-One Helmet Cleaner to expand its Auto Care business. The company also signed a Memorandum of Understanding (MoU) with VinFast Auto India to enhance the electric vehicle (EV) after-sales service network.

In terms of leadership, Managing Director Mr. Kedar Lele has tendered his resignation, effective December 31, 2025. Mr. Saugata Basuray has been appointed as the Interim Chief Executive Officer (CEO) effective January 1, 2026, until a new Managing Director is appointed. The company also confirmed compliance with SEBI depository regulations for the third quarter of FY25 and is preparing for its Q4/FY25 board meeting to approve financial results and consider dividend.

Subsequent to these announcements, Castrol India issued a clarification on December 26, 2025, addressing increased volume in its securities, stating that the primary driver was the company's December 24, 2025 announcement regarding the BP stake sale, and confirming no other price-sensitive information was pending disclosure.

Castrol India Limited has announced a key senior management appointment. Mr. V Kaushik Vedula has been appointed as the new Vice President & Head – Marketing, effective February 2, 2026. This follows the resignation of Mr. Rohit Talwar from the same position, with his last day being August 8, 2025. Mr. Vedula brings over twenty years of valuable experience in marketing, new business development, and P&L management across various sectors including consumer goods, FMCD, and digital businesses. His prior roles include Vice President-Marketing at Emami Limited and significant positions at companies like Procter & Gamble, Nokia, and Philips, suggesting a strong strategic marketing background that is anticipated to benefit Castrol India's market presence and future growth plans.

Castrol India Limited has formally notified the BSE and NSE regarding its compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter that concluded on December 31, 2025. The company has received a confirmation certificate from KFin Technologies Limited, its designated Registrar and Transfer Agent. This certificate affirms that all securities submitted for dematerialization during the specified quarter were processed and confirmed to the depositories. Furthermore, it confirms that the security certificates received for dematerialization were duly mutilated and cancelled, with the depositories' names correctly substituted in the register of members within the prescribed regulatory timelines. This announcement represents a standard operational and regulatory compliance disclosure.

Castrol India Limited has formally notified the BSE and NSE regarding its compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter that concluded on December 31, 2025. The company has received a confirmation certificate from KFin Technologies Limited, its designated Registrar and Transfer Agent. This certificate affirms that all securities submitted for dematerialization during the specified quarter were processed and confirmed to the depositories. Furthermore, it confirms that the security certificates received for dematerialization were duly mutilated and cancelled, with the depositories' names correctly substituted in the register of members within the prescribed regulatory timelines. This announcement represents a standard operational and regulatory compliance disclosure.

The primary development is BP's agreement to sell a 65% stake in global Castrol to Stonepeak for $10.1 billion. This transaction, slated for completion by the end of 2026, will lead to an indirect change in control for Castrol India Limited. Consequently, a mandatory open offer for Castrol India's publicly held shares will be triggered at ₹194.04 per share, adhering to SEBI regulations, signalling a significant shift in ownership structure.

Separately, Castrol India demonstrated resilient financial performance in Q3 FY25, reporting a 6% year-on-year increase in revenue from operations to ₹1,363 Cr and a 10% year-on-year rise in Profit After Tax (PAT) to ₹228 Cr. For the nine months ended September 30, 2025, revenue grew 7% YoY to ₹4,282 Cr, with PAT up 8% YoY to ₹705 Cr.

Management remains optimistic about growth prospects, particularly in the industrial and rural segments, and reiterated the strategic focus on volume growth, market share expansion, and diversification into adjacent categories such as EV fluids.

Financially, the company's TTM ROCE stood at 55.2% and ROE at 41.8%, with a low Debt/Equity ratio of 0.04 as of December 2024, indicating strong profitability and a healthy balance sheet.

Key events include the resignation of Managing Director Kedar Lele (effective December 31, 2025) and the appointment of Saugata Basuray as Interim Chief Executive Officer (effective January 1, 2026). The company also entered into an MoU with VinFast India to strengthen its EV after-sales service network. A Board meeting is scheduled for February 3, 2026, to consider financial results for the quarter and year ended December 31, 2025.

Castrol India Limited is facing a pivotal change in ownership structure as its parent company, BP, has announced the sale of a 65% stake in global Castrol to Stonepeak for $10.1 billion. This transaction, anticipated to conclude by the end of 2026, will indirectly lead to a change in control for Castrol India. Consequently, as per SEBI regulations, this necessitates a mandatory open offer for the acquisition of 26% of Castrol India's outstanding shares from public shareholders at a price of ₹194.04 per share, aggregating approximately ₹4,990 crore.

Despite the impending ownership transition, Castrol India has demonstrated resilience in its financial performance. For the third quarter of fiscal year 2025 (Q3 FY25), the company reported a 6% year-on-year increase in revenue from operations to ₹1,363 crore and a 10% YoY growth in Profit After Tax (PAT) to ₹228 crore. Volumes saw a 7% YoY increase during the quarter.

For the nine-month period ended September 30, 2025 (9M FY25), Castrol India's revenue grew by 7% YoY to ₹4,282 crore, and PAT increased by 8% YoY to ₹705 crore, with volumes up 8% year-to-date. The company attributes this performance to strong momentum in the industrial and rural segments, supported by strategic initiatives like new product launches and expansion into adjacent categories, including an MoU with VinFast Auto India for EV after-sales support.

Financially, Castrol India remains robust with a nearly debt-free balance sheet (Debt/Equity ratio of 0.04) and strong reserves. The company reported a good dividend yield of 4.39% and healthy return ratios like ROE of 41.8% and ROCE of 55.2%. However, historically, sales growth has been a concern, though recent quarterly performance indicates an upward trend.

In terms of corporate governance and management, Castrol India has announced leadership changes. Mr. Kedar Lele will be resigning as Managing Director effective December 31, 2025. Mr. Saugata Basuray has been appointed as the Interim Chief Executive Officer, effective January 1, 2026. Additionally, Mr. Mayank Pandey has been appointed as Vice-President & Head – B2C Sales, effective January 1, 2026. The company also secured shareholder approval for key board and audit appointments.

The company has also been active in strategic initiatives, including launching its upgraded MAGNATEC engine oil range, expanding its Auto Care portfolio with products like the All-in-One Helmet Cleaner, and forging partnerships in the electric vehicle (EV) space. Management remains optimistic about future performance, focusing on profitable volume growth and market share gains.

BP announced on December 24, 2025, its agreement to sell a 65% stake in its global Castrol business to Stonepeak for $10.1 billion, with the transaction expected to conclude by the end of 2026. This move will result in an indirect change of control for Castrol India Limited, triggering a mandatory open offer to the company's public shareholders at a price of ₹194.04 per share, as per SEBI (Substantial Acquisition of Shares and Takeovers) Regulations. Concurrently, Castrol India reported a resilient financial performance for Q3 FY25, with revenue from operations increasing by 6% year-on-year to ₹1,363 Cr and Profit After Tax (PAT) growing by 10% YoY to ₹228 Cr. For the nine-month period ended September 30, 2025, revenue grew 7% YoY to ₹4,282 Cr, and PAT increased by 8% YoY to ₹705 Cr, driven by strong momentum in the industrial and rural segments. The company's strategic focus remains on volume growth, market share gains, and expansion into adjacent categories, including EV fluids and data centre cooling. Management also noted an MoU with VinFast Auto India for EV after-sales support and leadership transitions, including the appointment of Saugata Basuray as Interim CEO. In response to a stock exchange query regarding unusual trading volumes, Castrol India clarified that its announcement on December 24, 2025, pertaining to the BP stake sale, was the primary information influencing market activity.

Castrol India Limited has issued a clarification to the stock exchanges following news regarding a potential stake sale of global Castrol by BP. The company stated that it is not a party to and is not involved in any negotiations or discussions related to this sale. This clarification comes amidst a significant increase in the company's share price.

In terms of financial performance, Castrol India reported resilient results for the third quarter (Q3) of Fiscal Year 2025. Revenue from operations grew by 6% year-on-year to ₹1,363 crore, while Profit After Tax (PAT) increased by 10% year-on-year to ₹228 crore. This performance was supported by a 7% year-on-year growth in volumes. For the nine months ended September 30, 2025, Castrol India's revenue rose by 7% year-on-year to ₹4,282 crore, and PAT climbed by 8% year-on-year to ₹705 crore, with volumes up by 8% year-to-date.

Management attributed the performance to strong momentum in the industrial and rural segments. Strategic initiatives, including expansion of the Auto Care portfolio with new product launches like the All-in-One Helmet Cleaner and localization of EV fluids, are in focus. The company also entered into a Memorandum of Understanding (MoU) with VinFast Auto India to bolster the electric vehicle (EV) after-sales service network. Leadership transitions were also announced, with MD Mr. Kedar Lele tendering his resignation effective December 31, 2025, and Mr. Saugata Basuray appointed as Interim Chief Executive Officer from January 1, 2026.

Looking ahead, management remains focused on driving volume growth, market share gains, and expanding into adjacent categories. The company is also enhancing its CSR initiatives with mobile classrooms for truck drivers. The significant global development of BP selling a 65% stake in Castrol to Stonepeak for $10.1 billion, expected to conclude by end-2026, will trigger a mandatory open offer for Castrol India's public shareholders at ₹194.04 per share. The company's financial health remains strong, being almost debt-free, with healthy return ratios like ROE of 41.8% and ROCE of 55.2%.

BP has announced its agreement to sell a 65% stake in Castrol to Stonepeak for $10.1 billion. This significant transaction, expected to conclude by the end of 2026, will result in an indirect change of control for Castrol India Limited. Consequently, a mandatory open offer will be triggered for the public shareholders of Castrol India.

The public announcement, dated December 24, 2025, details the open offer for up to 25,71,71,820 fully paid-up equity shares of Castrol India, representing 26.00% of the total equity share capital. The offer price is set at ₹194.04 per equity share. The underlying transaction was contracted on December 23, 2025, and the offer is subject to requisite statutory approvals. The detailed public statement (DPS) is expected to be published within five working days of the completion of the underlying transaction, with potential price enhancement applicable.

Concurrently, Castrol India reported resilient financial results for the third quarter and nine months of Fiscal Year 2025 (ended September 30, 2025). For Q3 FY25, revenue from operations grew by 6% year-on-year to ₹1,363 crore, while Profit After Tax (PAT) increased by 10% year-on-year to ₹228 crore. For the nine months ended September 2025, revenue rose 7% YoY to ₹4,282 crore, and PAT climbed 8% YoY to ₹705 crore. The company attributed its performance to strong momentum in the industrial and rural segments. Despite the impending ownership change, management expressed optimism regarding growth drivers and strategic initiatives.

BP p.l.c. has announced an agreement to sell its 65% stake in Castrol to Stonepeak for $10.1 billion, a transaction expected to be completed by the end of 2026. This deal signifies an indirect change of control for Castrol India Limited, triggering a mandatory open offer to its public shareholders. UBS Securities India Private Limited, appointed as the Manager to the Offer, has issued a Public Announcement detailing the offer to acquire up to 25,71,71,820 equity shares (26% of total equity capital) at an Initial Offer Price of ₹194.04 per share, with a potential for price enhancement. The total offer size is valued at approximately ₹4,990 crore, contingent on regulatory approvals.

In parallel, Castrol India reported its Q3 FY25 financial results, indicating operational resilience. Revenue from operations grew 6% year-on-year to ₹1,363 crore, and Profit After Tax (PAT) saw a 10% increase to ₹228 crore, supported by 7% volume growth. The company highlighted strategic growth drivers including expansion in industrial and rural markets, new product introductions in the Auto Care segment, and a new MoU with VinFast Auto India for EV after-sales services. Management expressed continued optimism for future performance.

On December 24, 2025, Castrol India Limited disclosed a significant corporate development: BP p.l.c. (BP), the indirect holding company of Castrol Limited (the promoter of Castrol India), has entered into an agreement for sale and purchase (SPA) with Motion JVCo Limited (the Acquirer), an entity associated with Stonepeak Infrastructure Fund V (Stonepeak).

Under this agreement, BP has agreed to sell its 100% equity stake in Castrol Group Holdings Limited (CGHL), which in turn holds 100% of Castrol Limited. Castrol Limited is the promoter of Castrol India Limited and holds a 51% stake in the Indian entity. Consequently, upon the completion of this underlying transaction, expected by the end of 2026, the Acquirer will indirectly gain sole control over Castrol India Limited.

The Acquirer is also set to issue a public announcement regarding a mandatory open offer for the remaining public shareholders of Castrol India, in compliance with the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This event signifies a fundamental shift in the ownership and potential strategic direction of Castrol India Limited, moving from BP's indirect control to Stonepeak's indirect control.

No specific financial performance figures or guidance were provided in this disclosure, as it pertains solely to the agreement for the sale of the stake and the subsequent control change.

BP p.l.c. has announced an agreement to sell a 65% shareholding in Castrol to Stonepeak for an enterprise value of $10.1 billion. This strategic divestment is anticipated to yield approximately $6.0 billion in net proceeds for BP, which will be used to reduce its net debt. The transaction, slated for completion by the end of 2026 pending regulatory approvals, represents a key move in BP's strategy to streamline its downstream operations and strengthen its balance sheet. BP will retain a 35% interest in a newly formed joint venture, securing exposure to Castrol's future growth trajectory.

In its operational performance, Castrol India delivered robust results for Q3 FY25, with revenue from operations growing 6% year-on-year to ₹1,363 Crore and Profit After Tax (PAT) increasing by 10% YoY to ₹228 Crore. Volume growth stood at 7% YoY, bolstered by strong performance in the industrial and rural market segments. For the nine-month period ending September 30, 2025, Castrol India reported a 7% YoY increase in revenue to ₹4,282 Crore and an 8% YoY rise in PAT to ₹705 Crore.

Key business developments include the launch of the upgraded MAGNATEC engine oil range and the introduction of an All-in-One Helmet Cleaner as part of its Auto Care segment expansion. Furthermore, Castrol India has entered into a Memorandum of Understanding (MoU) with VinFast Auto India to enhance the electric vehicle after-sales service network. The company also announced leadership changes, including the resignation of Managing Director Kedar Lele, effective December 31, 2025, and the appointment of Saugata Basuray as Interim Chief Executive Officer from January 1, 2026.

Castrol India Limited has announced its financial results for the third quarter (Q3) and nine months (9M) ended September 30, 2025, showcasing resilient performance across key segments.

In Q3 FY25, the company reported a 6% year-on-year increase in Revenue from Operations, reaching ₹1,363 Crore. Profit After Tax (PAT) saw a significant 10% YoY growth to ₹228 Crore. Volume growth remained robust, up 7% YoY, reflecting strong momentum in the industrial and rural markets. For the nine months ended September 2025, revenue grew 7% YoY to ₹4,282 Crore, and PAT climbed 8% YoY to ₹705 Crore, with volumes up 8% year-to-date.

Strategically, Castrol India is expanding its Auto Care portfolio with the introduction of a new aesthetic care range, including shampoos, waxes, and cleaners, in addition to its existing products like chain lubricants and helmet cleaners. The company also solidified its position in the burgeoning EV market by signing a Memorandum of Understanding (MoU) with VinFast Auto India to bolster its electric vehicle after-sales service network, offering its extensive workshop facilities and certified technicians to VinFast customers.

Management remains optimistic about future performance, attributing the growth to strategic initiatives such as new product launches, localization efforts, and network expansion. The company reiterated its focus on driving volume growth, market share gains, and expanding into adjacent categories, while navigating market volatilities.

Significant leadership changes were also announced: Mr. Kedar Lele has resigned as Managing Director, effective December 31, 2025, and Mr. Saugata Basuray has been appointed as Interim Chief Executive Officer from January 1, 2026. Additionally, Mr. Mayank Pandey has been appointed as Vice-President & Head – B2C Sales, effective January 1, 2026.

Overall, Castrol India's performance reflects a balanced approach between strengthening its core lubricant business and strategically positioning itself for future growth opportunities in evolving mobility trends and the broader vehicle maintenance ecosystem.

The report "DIVIDEND YIELD STOCKS" from Axis Securities, dated December 15, 2025, presents a curated list of top dividend-yielding companies within India's top 1000 listed entities. The analysis categorizes these companies into Large Cap, Mid Cap, and Small Cap segments. A particular focus is placed on Public Sector Undertaking (PSU) stocks which exhibit significant dividend yields.

Key metrics provided for each company include its industry, Current Market Price (CMP) as of December 14, 2025, Market Capitalization (Mcap), Current Dividend Per Share (DPS), total dividend paid in the past 12 months, and the resulting Dividend Yield for the last 12 months. For instance, in the Large Cap PSU segment, Coal India Limited is noted with a 10.3% dividend yield, while REC LIMITED shows a 4.6% yield. Bharat Petroleum Corpn. Ltd. offers a 7.5% yield.

In the Mid Cap segment, companies like PTC India Ltd. (7% yield), Castrol India Ltd. (7% yield), and Thyrocare Technologies Limited (7% yield) are highlighted. MSTC Limited appears in the Small Cap category with an 8% yield.

The report does not provide details on quarterly/annual results, management guidance, financial deep dives (income statement, balance sheet, cash flow), or specific events like orders or expansions. The primary purpose is to identify investment opportunities based on dividend payouts.

A comprehensive disclaimer is included, advising investors about market risks, the volatility of securities, and emphasizing that past performance is not a guarantee of future returns. It clarifies that the report is for informational purposes and not investment advice, urging recipients to conduct their own due diligence.

Castrol India Limited has announced the launch of mobile classrooms under its flagship social responsibility initiative, 'Sarathi Mitra'. This new phase, named 'Highways as Classroom', is aimed at uplifting truck drivers across Uttar Pradesh. A specially designed truck will traverse 46 locations within the state during the initial phase, bringing essential knowledge and training directly to the trucking community.

The program focuses on empowering truck drivers by providing accessible learning opportunities and on-ground engagement. Key training areas include road safety and driver wellness, promoting safer driving habits and better physical and mental health. Additionally, the sessions will cover financial planning and digital literacy, enabling drivers to manage their earnings effectively and secure their families' futures.

Mr. Kedar Lele, Managing Director of Castrol India Ltd, emphasized the importance of supporting the holistic development of truck drivers, describing them as the backbone of the nation's logistics ecosystem. He stated that 'Highways as Classrooms' and the complementary 'Digital Sarathi Mitra' platform further the company's commitment to making learning inclusive, impactful, and sustainable for this community.

Launched in 2017, the 'Sarathi Mitra' program has previously empowered and trained over 2.5 lakh truckers nationwide, equipping them with vital life skills. This initiative reaffirms Castrol India's commitment to investing in human capital and fostering a safer, more competent, and inclusive trucking ecosystem.

Castrol India Limited has announced a key addition to its senior management team. In a regulatory filing on November 14, 2025, the company informed the stock exchanges about the appointment of Mr. Mayank Pandey as Vice-President & Head – B2C Sales. This appointment is effective from January 1, 2026. Mr. Pandey brings a wealth of experience spanning over 25 years in diverse sectors including oil & gas, lubricants, consulting, paints, and engineering. Notably, he previously served as a Whole-Time Director and Vice-President & Head – Supply Chain at Castrol India Limited from August 2021 to July 2024, where he contributed to supply chain competitiveness and digital transformation. He also held multiple senior leadership roles within bp/Castrol for over 18 years across India, China, Japan, Korea, and Europe. His earlier career includes roles at Tata Strategic Management Group, Asian Paints, and Larsen & Toubro. This appointment, effective from the new year, is part of the company's ongoing senior management personnel changes.

Castrol India Limited announced its 3Q FY2025 results and shared key business updates during its post-earnings conference call on November 6, 2025. The company reported a steady performance, with revenue from operations reaching INR 1,363 crore, a 6% year-on-year increase, primarily driven by a 7% volume growth for the quarter. Profit After Tax (PAT) stood at INR 228 crore, marking a 10% year-on-year increase. For the nine months ended September 30, 2025, revenue grew 7% year-on-year to INR 4,282 crore, with EBITDA up 9% to INR 980 crore and PAT up 8% to INR 705 crore. Year-to-date volume growth was 8%.

Management highlighted a strategic focus on volume-led growth, expanding reach in rural markets, and bolstering the industrial segment. Key initiatives include the launch of the Castrol All-in-One Helmet Cleaner and upgraded lubricant variants like Castrol MAGNATEC (API SQ compliant). A significant development was the MoU with VinFast Auto, a Vietnamese EV manufacturer, to provide aftersales service for their EV customers in India, leveraging Castrol's extensive workshop network. The company is also focused on formulating EV fluids and expanding its service and maintenance offerings to transition from a pure lubricant provider to a full-service company.

The company is strategically expanding its distribution network, with products now available at over 150,000 retail outlets, including over 40,000 in rural India. The branded service network includes over 750 Castrol Auto Service (CAS) centers. While market conditions were volatile due to base oil fluctuations and forex movements, Castrol India demonstrated resilience through cost discipline and operational efficiencies, with cost per liter of lubricant down approximately 5% in Q3. The company also noted the ongoing global strategic review of the Castrol business by BP. Leadership transition is planned with Saugata Basuray taking over as MD from Kedar Lele on January 1, 2026, with no expected change in strategic direction.

The company is exploring new opportunities like data center fluids, though these are in early testing phases. It aims to maintain its strong brand connect through marketing initiatives and digital platforms. The company aims to balance growth from industrial segments (which are protected from EV transition) with profitability from ICE engines and EV fluids, while acknowledging industrial lubricants generally carry lower margins than automotive lubricants.

Castrol India Limited has issued a regulatory filing to the BSE and the National Stock Exchange of India Limited on November 6, 2025, announcing the availability of the recording for its post-earnings conference call. This call was conducted to discuss the company's unaudited financial results for the third quarter and the first nine months of Fiscal Year 2025, which ended on September 30, 2025. The call took place earlier today, November 6, 2025, from 12:00 p.m. IST to 1:00 p.m. IST. The company has made the complete recording accessible to investors and analysts through its official website. Stakeholders can find the recording under the 'Investor Call Details' section, specifically within the 2025 menu, under the subheading '3Q FY 2025'. This announcement is made pursuant to Regulation 30 and 46 read with Para A of Part A of Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure ensures transparency and provides investors an opportunity to review management's commentary, insights into financial performance, and outlook for the company, even if they could not attend the live call. No specific financial figures or forward-looking statements are detailed in this particular announcement, as its primary purpose is to inform about the availability of the call recording.

Castrol India Limited has officially published its unaudited financial results for the quarter and the nine-month period ending September 30, 2025. This disclosure, made on November 5, 2025, was carried in the Financial Express (English) and Sakal (Marathi) newspapers as per SEBI regulations. Further details can be accessed on the company's official investor relations website.

Castrol India Limited announced its unaudited financial results for the quarter and nine months ended 30 September 2025, reporting a resilient performance characterized by consistent growth and profitability.

Quarterly & Nine Months Performance:
For the Third Quarter (Q3) FY25 (ended Sep 30, 2025) compared to Q3 FY24:

• Revenue from Operations: ₹1,362.75 Crore (YoY +5.79%)
• Profit Before Tax: ₹307.87 Crore (YoY +9.77%)
• Profit After Tax (PAT): ₹227.80 Crore (YoY +9.82%)
• EPS (Basic & Diluted): ₹2.30 (YoY +9.52%)
• EBITDA: ₹323 Crore (YoY +13%) (as per press release)
• Volumes: Up 7% (YoY)

For the Nine Months (9M) FY25 (ended Sep 30, 2025) compared to 9M FY24:

• Revenue from Operations: ₹4,281.58 Crore (YoY +6.75%)
• Profit Before Tax: ₹950.13 Crore (YoY +7.15%)
• Profit After Tax (PAT): ₹705.26 Crore (YoY +7.53%)
• EPS (Basic & Diluted): ₹7.13 (YoY +7.54%)
• EBITDA: ₹980 Crore (YoY +9%) (as per press release)
• Volumes: Up 8% (Year-to-Date)

Guidance & Commentary:
Management, led by MD Kedar Lele, emphasized continued focus on driving volume growth, achieving market share gains, and expanding the portfolio into consumer-relevant adjacent categories. The CFO, Mrinalini Srinivasan, highlighted the company's nimbleness in adapting to market dynamics through innovation, operational excellence, and deeper customer connections. Disciplined financial management is key to navigating factors like forex volatility and base oil price fluctuations. No specific quantitative guidance numbers were provided.

Financial Deep Dive:
The income statement shows growth in revenue from operations driven by higher volumes. Key expenses include Cost of raw and packing materials (₹635.79 Cr in Q3 FY25), employee benefits (₹79.32 Cr), finance costs (₹2.06 Cr), and depreciation & amortization (₹25.17 Cr) for Q3 FY25. Balance sheet and cash flow details were not provided in this announcement, but EPS figures are available.

Key Events & Developments:

• Product Launches: Expansion of the Auto Care range with 'Castrol All-in-One Helmet Cleaner', localization of high transmission EV fluids, and industrial products like Alusol SL 41 XBB & Spheerol SM 00. Castrol Magnatec was upgraded to API SQ specifications.
• Network Expansion: The national network grew to ~1,50,000 outlets. Service network supports over 750 Castrol Auto Service centers and numerous workshops. Rural reach encompasses ~40,000 outlets.
• Strategic Alliances: An MoU with VinFast Auto India was signed to provide after-sales support for EV customers through select workshops.

Outlook:
The company aims for sustained volume growth, market share expansion, and portfolio diversification. Investments in brands and innovation are geared towards building long-term resilience and sustainable value.

Castrol India Limited announced its unaudited financial results for the third quarter (3Q) and nine months (9M) ended September 30, 2025, reporting positive year-on-year growth across key metrics.

Quarterly/Annual Results: For 3Q FY25, Revenue from Operations increased by 6% YoY to ₹1,363 Cr, while Profit After Tax (PAT) saw a 10% YoY rise to ₹228 Cr. Volumes grew by 7% YoY. EBITDA for the quarter was reported at ₹323 Cr, up 13% YoY. For the nine months ended 30 September 2025, Revenue from Operations reached ₹4,282 Cr, up 7% YoY, and PAT grew by 8% YoY to ₹705 Cr, with volumes up 8% YoY. EBITDA for the nine-month period was ₹980 Cr, an increase of 9% YoY. Basic and Diluted Earnings Per Share (EPS) for 3Q FY25 stood at ₹2.30 (not annualised), compared to ₹2.10 in 3Q FY24, and for 9M FY25 was ₹7.13 (not annualised), up from ₹6.63 in 9M FY24.

Guidance & Concall Commentary: Management articulated a strategic focus on driving volume growth, achieving market share gains, and expanding the product portfolio into adjacent consumer-relevant categories. The CFO highlighted the company's agility in responding to market dynamics, disciplined financial management, and ongoing investments in brands and innovation to build long-term resilience and sustainable value.

Financials: The results indicate growth in revenue and profitability. Detailed balance sheet, cash flow, and ratio data were not provided in this announcement.

Key Events: The company announced the launch of Castrol All-in-One Helmet Cleaner and localization of high transmission EV fluids and industrial products. Castrol Magnatec was upgraded to the latest API SQ specifications. A Memorandum of Understanding (MoU) was signed with VinFast Auto India to offer after-sales support for EV customers through select Castrol Auto Service workshops. The national network has expanded to approximately 1,50,000 outlets. The company also received the Tata Motors Sustainability Excellence Award 2025 and recognition in ISCM rankings.

Outlook: Castrol India aims for sustained volume growth and market share expansion, leveraging its strong presence in rural and industrial segments. The strategic initiatives, including product innovation and expansion into new categories like EV support, are expected to drive future performance.

Castrol India Limited has officially announced the schedule for its post-earnings conference call, which is intended to facilitate discussions around its unaudited financial results for the third quarter and the nine-month period ending September 30, 2025. The company's Board of Directors is slated to approve these financial statements during a meeting scheduled for Tuesday, November 4, 2025. Following this board approval, the post-earnings call is scheduled to take place on Thursday, November 6, 2025, running from 12:00 p.m. IST to 1:00 p.m. IST.

During the call, the management team, comprising Mr. Kedar Lele (Managing Director) and Ms. Mrinalini Srinivasan (Chief Financial Officer & Wholetime Director), will provide a brief overview of the company's financial performance. This will be followed by an interactive question and answer segment, offering investors and analysts a platform to seek further insights. The announcement includes specific dial-in numbers for various international locations and India, along with a direct access registration link. A standard disclaimer regarding forward-looking statements is also appended to the notice.

Castrol India Limited has announced a significant management change. Mr. Kedar Lele will be resigning as the Managing Director of the Company, with his cessation effective from the close of business hours on December 31, 2025. This decision is to allow him to pursue other opportunities outside the company. In light of this development, the Board of Directors has appointed Mr. Saugata Basuray as the Interim Chief Executive Officer ('Interim CEO'). This appointment will be effective from January 1, 2026, and will continue until a new Managing Director is appointed. Mr. Basuray will hold this interim role in addition to his current position as Wholetime Director & Head B2C Sales and will consequently be re-designated as ‘Wholetime Director & Interim CEO’. Mr. Basuray brings over 25 years of extensive experience in sales, marketing, and business leadership, having joined Castrol India Limited in 1999. His career includes roles in India and abroad, such as Executive Assistant to the MD of CIL, work at Castrol's global HQ in the UK, leading Castrol Philippines, and managing Castrol's joint venture in Indonesia. Currently, he heads the B2C business segment, driving transformation and expanding distribution networks. The Board Meeting where these decisions were made commenced at 2:45 PM IST and concluded at 3:00 PM IST on October 10, 2025. This announcement is made pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Castrol India Limited has announced a key change in its top management. In a Board Meeting held on Friday, October 10, 2025, the resignation of Mr. Kedar Lele as Managing Director was accepted. Mr. Lele's tenure with the company will conclude at the end of business hours on December 31, 2025, as he intends to resign to pursue other professional opportunities.

Following this decision, the Board of Directors has appointed Mr. Saugata Basuray as the Interim Chief Executive Officer (CEO) of the Company. This interim leadership role will commence on January 1, 2026, and will continue until a new Managing Director is appointed. Mr. Basuray will hold the position of Interim CEO in addition to his existing role as Wholetime Director & Head B2C Sales. Consequently, he will be re-designated as ‘Wholetime Director & Interim CEO’ from January 1, 2026.

Mr. Saugata Basuray possesses over 25 years of extensive experience in sales, marketing, and business leadership within Castrol India Limited (CIL) and its global operations. He joined the company as a Management Trainee in 1999. His career includes working in four countries, gaining deep insights into diverse markets and economic cycles. Notably, he served as Executive Assistant to the Managing Director of CIL and Regional Vice President bp, providing him exposure to strategic leadership. He was part of the marketing team that shaped Castrol Edge globally and has led sales for B2B channels, served as Head of Marketing for Castrol India, led Castrol Philippines, and managed Castrol’s joint venture in Indonesia. Currently, he heads CIL’s B2C business segment, where he has been instrumental in transforming the go-to-market model and expanding distribution into rural India. Mr. Basuray holds an Engineering degree from the University of Pune and an MBA from Symbiosis Institute of Business Management.

The Board Meeting commenced at 2:45 PM IST and concluded at 3:00 PM IST, with the outcome formally communicated to the stock exchanges, BSE Limited and National Stock Exchange of India Limited.

Castrol India Limited has officially informed the stock exchanges, BSE Limited and the National Stock Exchange of India Limited, about its compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This notification covers the financial quarter ending September 30, 2025. The company enclosed a certificate, dated October 7, 2025, issued by its Registrar and Transfer Agent, KFin Technologies Limited. The certificate from KFin Technologies substantiates that all securities received from depository participants for the purpose of dematerialization between July 1, 2025, and September 30, 2025, have been duly processed, confirmed (accepted or rejected), and listed on the stock exchanges where they were previously listed. Furthermore, it confirms that physical security certificates received for dematerialization have undergone the necessary mutilation and cancellation after verification by the depository participant. The name of the depositories has also been updated in the register of members as the registered owner within the prescribed regulatory timelines. This is a routine compliance exercise for listed entities and does not involve any financial performance data, new business developments, or outlook updates from the company's management.

Castrol India Limited has formally informed the stock exchanges (BSE and NSE) about a crucial Board Meeting scheduled to be held on Tuesday, 4 November 2025. The primary agenda of this meeting is to consider and approve the unaudited financial results of the company for the third quarter and the nine months ending 30 September 2025. This intimation is made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring timely dissemination of information to stakeholders. The announcement does not provide any preliminary financial figures, performance metrics, or management guidance. Investors are therefore advised to await the official results disclosure on or after 4 November 2025 for insights into the company's financial performance, profitability, and any forward-looking statements. The stock currently trades under the symbol CASTROLIND on NSE and has the scrip code 500870 on BSE.

VinFast India and Castrol India Limited have entered into a Memorandum of Understanding (MoU) to significantly enhance the after-sales service network for electric vehicles (EVs) in India. This strategic collaboration will see selected Castrol Auto Service (CAS) workshops, numbering over 750 across more than 300 cities, made available to VinFast customers.

These designated workshops will be equipped with dedicated VinFast-branded service bays, staffed by certified EV technicians, and utilize genuine VinFast parts. VinFast will provide essential support through service manuals, diagnostic tools, technician training, and warranty process guidelines, while Castrol India will ensure workshops meet stringent infrastructure and capability standards.

The partnership leverages Castrol's wide geographical footprint and established expertise to offer convenient and reliable after-sales care, a critical factor for building customer confidence in the burgeoning EV market. Mr. Pham Sanh Chau, CEO of VinFast Asia, highlighted India as a key long-term market and emphasized that dependable after-sales support is central to VinFast's vision for an inclusive EV ecosystem.

Mr. Rajeev Govil, Senior Vice President, India B2B, Castrol India, stated that the company is excited to extend the strength of its CAS network to support VinFast and its EV customers, playing a role in shaping a stronger mobility ecosystem. VinFast has also been making substantial investments in India, including its first overseas assembly facility in Tamil Nadu and plans for 35 dealerships across 27 cities by the end of 2025. The company has recently launched its VF 6 and VF 7 premium SUVs in India, underscoring the need for a comprehensive service backbone.

Both companies share a commitment to supporting India's transition to sustainable mobility, aiming to elevate service standards through advanced diagnostics, genuine parts, and digital-first solutions, ensuring long-term reliability for EV owners.

Castrol India Limited has issued an intimation to the stock exchanges, BSE Limited and the National Stock Exchange of India Limited, regarding the closure of its trading window. This closure is mandated for 'Designated Persons' and 'Insiders' of the company, as per the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's own Code of Conduct. The trading window will be closed effective from the end of the quarter, i.e., September 30, 2025. It is scheduled to reopen two trading days after the unaudited financial results for the quarter and the nine months ending September 30, 2025, are declared by the company. The specific date for the Board Meeting where these financial results will be considered and approved is yet to be announced and will be communicated in due course. This announcement does not contain any specific financial performance data, outlook, or guidance from the management.

Castrol India Limited has launched its 'Castrol All-in-One Helmet Cleaner' on September 22, 2025, signifying an expansion of its Auto Care product portfolio. This new offering is specifically designed for Indian two-wheeler riders who often face challenges with helmet hygiene due to hot and dusty conditions. The product features include a convenient foam spray that cleans both the interior and exterior of helmets, boasting 99.99% antibacterial action powered by silver ION technology. It has also been dermatologically tested for safety on skin and hair. The Helmet Cleaner is now available nationwide across Castrol's retail and workshop outlets, as well as on Amazon. Management, through Managing Director Mr. Kedar Lele, stated that this launch is a 'natural extension' of the Auto Care portfolio, addressing a 'real and everyday need' for riders and opening a 'new, repeat-use category.' This initiative aims to strengthen Castrol's brand presence as a complete Auto Care provider. The launch is supported by in-store activations and digital marketing efforts. This development builds upon Castrol India's existing Auto Care offerings, which include products like Castrol Chain Cleaner and Chain Lube, among others, catering to the daily needs of riders. The company operates three blending plants and has a distribution network reaching over 150,000 retail outlets across India.

Castrol India Limited has formally announced the outcomes of its postal ballot, which was conducted exclusively through remote e-voting. The voting period commenced on August 14, 2025, and concluded on September 12, 2025. Shareholders were presented with three ordinary resolutions for their approval. The primary resolutions involved the appointment of Ms. Mrinalini Srinivasan (DIN: 09682234) as a Director and subsequently as a Whole-time Director for a five-year term, effective from July 28, 2025, to July 27, 2030. The third resolution pertained to the appointment of M/s. Parikh & Associates as the company's Secretarial Auditors for a concurrent five-year tenure. The Scrutinizer's Report, prepared by Mr. K. G. Saraf of Saraf and Associates, confirms that all three resolutions were passed with an overwhelming majority. Specifically, the resolution for Ms. Srinivasan's directorship received 99.0176% of favourable votes, her appointment as Whole-time Director garnered 99.2535% affirmative votes, and the appointment of the secretarial auditors secured an impressive 99.9020% in favour. The entire process adhered to regulatory requirements, including the Companies Act, 2013, and SEBI Listing Regulations, utilizing only remote e-voting without physical ballots.

The news comprises procedural announcements from Castrol India, Five-Star Business Finance, Clean Science and Technology, OnMobile Global, Network18 Media & Investments, and V2 Retail. These include notices of Annual General Meetings (AGMs), dividend recommendations, and updates on special windows for share transfer lodgements as per SEBI circulars. No quarterly or annual financial results, management guidance, concall commentary, or detailed financial statements/ratios are reported. Key events involve upcoming AGMs for Five-Star Business Finance, Clean Science and Technology, and V2 Retail, often held via VC/OAVM in September 2025, with dispatch of Annual Reports for FY 2024-25. Dividend recommendations include ₹2 per equity share from Five-Star Business Finance and ₹4 per equity share from Clean Science and Technology. OnMobile Global and Network18 Media & Investments are implementing SEBI-guided special windows for re-lodging physical share transfer deeds until January 6, 2026. Castrol India announced the publication of a postal ballot notice. No business outlook is provided.

Castrol India has issued a corrigendum for an updated investor presentation to be shared at the Emkay Confluence 2025 event on 14 August 2025.

For the first half of 2025 (H1 2025), Castrol India reported revenue of ₹2,919 Cr, a 7% increase year-on-year. EBITDA stood at ₹657 Cr, also up 7% YoY, with an EBITDA margin range of 21-24%. Profit After Tax (PAT) was ₹477 Cr, showing a 6.5% YoY growth, resulting in a PAT margin of 16.3% and Earnings Per Share (EPS) of ₹4.83.

Annual financial highlights for Calendar Years 2022-2024 indicate consistent performance: Revenue grew from ₹4,774 Cr (CY22) to ₹5,365 Cr (CY24), and PAT increased from ₹815 Cr (CY22) to ₹927 Cr (CY24). Dividend yields were reported as 4.2% (CY22), 6.6% (CY23), and 5.3% (CY24). The company also noted strong 3-year average ratios: Return on Assets (ROA) at 26%, Return on Capital Employed (ROCE) at 56.3%, and a Cash Conversion Cycle (CCC) of 6 days, demonstrating outperformance against the Nifty 50 index.

Managing Director Kedar Lele highlighted a steady second quarter (Q2 2025), with continued focus on expanding rural market reach, growing the industrial business, deepening OEM associations, and pursuing circular product innovation, particularly in EV-ready fluids. The industrial segment is identified as a significant long-term growth opportunity.

The company maintains its #1 lubricant brand position in India. It aims to diversify its portfolio by expanding into adjacent areas such as EV-ready fluids, data centre cooling solutions, and the Castrol Autocare range, building a comprehensive high-performance ecosystem.

Key developments mentioned include the inauguration of a state-of-the-art Tech Center at Patalganga (2024), localization of multiple products in India (2025), and the launch of the Castrol Auto Care range (2023).

Castrol India Limited has announced a corrigendum to its investor presentation scheduled to be shared at the Emkay Confluence 2025 on August 14, 2025. The updated presentation is now available.

For the first half of fiscal year 2025 (1H 2025), Castrol India reported a revenue from operations of ₹2,919 Cr, marking a 7% increase. EBITDA stood at ₹657 Cr, also up by 7%, with an EBITDA margin in the range of 21-24%. Profit After Tax (PAT) was reported at ₹477 Cr, an increase of 6.5%, with a PAT margin of 16.3%. Earnings Per Share (EPS) was ₹4.83.

Annual financial highlights show revenue growth from ₹4,774 Cr in CY22 to ₹5,075 Cr in CY23 (+6.3%) and ₹5,365 Cr in CY24 (+5.7%). PAT grew from ₹815 Cr in CY22 to ₹864 Cr in CY23 (+6.0%) and ₹927 Cr in CY24 (+7.3%). The company also highlighted its consistent outperformance against the Nifty 50 index.

Management commentary from MD Kedar Lele indicated a steady second quarter (Q2 FY25), building on Q1 momentum, with a focus on expanding reach in rural markets and growing the industrial business. The company is optimistic about long-term industrial growth and is strengthening its rural strategy. Key strategic priorities include building a high-performance ecosystem beyond lubricants, focusing on automotive, industrial segments, and diversifying into future areas like EV-ready fluids, data centre cooling solutions, and the Autocare range.

Financial deep dive reveals strong shareholder returns with a 3-year average Return on Assets (ROA) of 26%, Return on Capital Employed (ROCE) of 56.3%, and a Cash Conversion Cycle of just 6 days. Dividend yields were 5.3% for CY22, 4.2% for CY23, and 6.6% for CY24.

The overall outlook is positive, driven by India's evolving mobility landscape, technological advancements in lubricants, and the company's strategic focus on industrial business and rural penetration.

Castrol India Limited has issued a postal ballot notice for shareholders to approve key appointments. Ms. Mrinalini Srinivasan is proposed as a Director and Whole-time Director for five years (July 2025 - July 2030), with a remuneration package detailed, including a basic salary scale of INR 91,00,000 to INR 1,47,00,000 per annum, flexible compensation pay, city compensatory allowance, annual cash bonus, and equity linked to bp p.l.c. schemes. She also receives a proposed joining bonus of INR 75,00,000 and Restricted Share Units (RSUs) valued at INR 85,00,000. Ms. Srinivasan brings over 17 years of experience, including as Chief Financial Officer at P&G India. M/s. Parikh & Associates, Company Secretaries, are proposed as Secretarial Auditors for five consecutive years (FY 2025-2029), with a remuneration of INR 3,00,000 for FY25, excluding taxes. The e-voting period is scheduled from August 14, 2025, to September 12, 2025. Results are expected by September 16, 2025. This announcement pertains to corporate governance and management structure changes and does not contain financial performance data.

Castrol India Limited submitted an investor presentation on August 12, 2025, for its participation in the Emkay Confluence 2025 scheduled for August 14, 2025. The presentation provides a snapshot of the company's performance and strategy.

1H 2025 Performance:

• Revenue from operations: ₹2,919 Cr, showing a 7% increase.
• EBITDA: ₹657 Cr, up by 7%. The EBITDA margin is projected to be between 21-24% (actual 22.5%).
• Profit After Tax (PAT): ₹477 Cr, a 6.5% increase. The PAT margin stood at 16.3%.
• Earnings Per Share (EPS): ₹4.83.

Annual Financial Trends (CY22-CY24):

• Revenue from operations grew from ₹4,774 Cr in CY22 to ₹5,365 Cr in CY24.
• PAT increased from ₹815 Cr in CY22 to ₹927 Cr in CY24.
• Dividend yield saw fluctuations: 4.2% (CY22), 6.6% (CY23), and 5.3% (CY24).
• Market capitalization grew significantly from ₹12,181 Cr in CY22 to ₹19,515 Cr in CY24.

Outlook and Strategy:
Managing Director Kedar Lele highlighted steady performance in the second quarter amidst a complex macro environment. The company's strategy focuses on expanding its reach in rural markets, growing its industrial business, and innovating towards circular products. Deepened OEM associations are also key. The industrial segment is seen as a long-term growth area with encouraging traction. The rural strategy is performing well and will be further strengthened. Castrol India aims to build a high-performance ecosystem beyond lubricants, diversifying into EV-ready fluids and data centre cooling solutions. The company aims to continue outperforming the Nifty 50 index.

Financials and Ratios:
The presentation highlights key financial metrics and growth trends. Notably, 3-year average Return on Assets (ROA) is 26%, and Return on Capital Employed (ROCE) is 56.3%. Detailed balance sheet, cash flow statements, or specific debt metrics were not provided in this presentation summary. No Unpublished Price Sensitive Information (UPSI) was shared.

Key Events:
The primary event reported is the company's participation in the Emkay Confluence 2025.

Castrol India Limited has filed an intimation regarding its participation in the Emkay Confluence 2025. This event is scheduled for Thursday, August 14, 2025, and will be conducted in person at Trident BKC in Mumbai. The company's representatives are set to engage in both one-to-one and group interactions with the attending analysts and institutional investors. A significant point noted in the disclosure is the company's explicit statement that no unpublished price-sensitive information (UPSI) pertaining to Castrol India will be shared during these meetings. This suggests the objective of these interactions is primarily for general engagement, relationship building, and discussing broader business aspects rather than disclosing new financial data or strategic directives that could directly influence stock valuation.

Castrol India held its 2Q FY2025 earnings call on August 6, 2025, reporting robust financial performance. Revenue grew by 7% YoY to INR1,497 crore, while EBITDA increased by 8% YoY to INR349 crore, and PAT rose by 5% YoY to INR244 crore. Total volumes for the quarter stood at 66 million liters, an 8% YoY increase, with notable growth from the industrial segment (13% YoY) and rural markets (12% YoY). The company also announced an interim dividend of INR3.5 per share. Management introduced the new CFO, Ms. Mrinalini Srinivasan, and discussed strategic priorities including expanding reach in rural markets, strengthening the industrial segment, developing service-led solutions, and leveraging its Bharat strategy. Key product launches like Hysol MB 50 and Hysol 20 XBB, along with Chemical Management Services (CMS), were highlighted. The company addressed BP's global decision to carve out Castrol, viewing it positively for Castrol India's growth ambitions. Discussions also covered strategic pricing, progress on data center fluids (testing ongoing, long-term potential), ethanol impact on engines (products are e20/e30 compatible), and an increase in advertising spend in H1 FY25. The company clarified that other income decreased due to non-recurring factors like a special dividend payout, and explained increased working capital due to inventory build-up and supply chain issues, expecting normalization. The Silvassa plant received a Golden Peacock Award for occupational health and safety.

Castrol India Limited has published its unaudited financial results for the quarter and half-year ended June 30, 2025, revealing a mixed performance with a year-on-year decline in revenue but marginal growth in profitability.

Quarterly Results (Q1 FY26 - ended 30 June 2025):

• Total Income from Operations (Standalone): ₹1,883.73 Cr. This represents a 16.5% decrease compared to ₹2,255.82 Cr in the corresponding quarter of the previous year (Q1 FY25).
• Profit After Tax (Standalone): ₹384.20 Cr. This is a slight increase of 0.9% from ₹380.68 Cr in Q1 FY25.
• Earnings Per Share (EPS) - Basic (not annualised) (Standalone): ₹2.36. This is a 1.3% increase from ₹2.33 in Q1 FY25.
• Profit Before Tax (Standalone): ₹383.89 Cr, a marginal increase from ₹380.68 Cr year-on-year.

Half-Yearly Results (H1 FY26 - ended 30 June 2025):

• Total Income from Operations (Standalone): ₹3,716.23 Cr. This is a 12.8% decrease compared to ₹4,261.83 Cr in H1 FY25.
• Profit After Tax (Standalone): ₹865.35 Cr. This is a slight decrease of 0.4% compared to ₹868.53 Cr in H1 FY25.
• Earnings Per Share (EPS) - Basic (annualised) (Standalone): ₹5.72, which is flat compared to H1 FY25.

The provided snippet primarily details the income statement figures for Castrol India's standalone operations. No specific balance sheet, cash flow, or key ratios were explicitly provided in the extract. The announcement is a routine publication of financial results filed with stock exchanges as per SEBI regulations. No management guidance, outlook, orders, expansions, penalties, or product launches are mentioned in this news snippet.

Castrol India Limited has officially notified the stock exchanges, BSE and NSE, regarding the availability of the recording of its post-earnings conference call. This call was conducted on Wednesday, August 6, 2025, from 12:15 p.m. IST to 1:00 p.m. IST, to facilitate a discussion on the unaudited financial results for the second quarter and the half-year period ending June 30, 2025. Investors and analysts can access this detailed recording on the company's official website. The specific location for the recording is within the investor relations section, under the path 'INVESTOR CALL DETAILS --- 2025 --- 2Q FY 2025'. This disclosure is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency for stakeholders to review management's analysis of the period's performance.

Castrol India Limited announced its unaudited financial results for the quarter and half-year ended 30 June 2025. For the second quarter (Q2 FY25), Revenue from Operations increased by 7% year-on-year to ₹1,497 Crore, compared to ₹1,398 Crore in Q2 FY24. EBITDA saw an 8% YoY rise to ₹349 Crore, and Profit After Tax (PAT) grew by 5% YoY to ₹244 Crore from ₹232 Crore in the corresponding prior period. The Earnings Per Share (EPS) for the quarter was ₹2.47.

For the first half (H1 FY25), Revenue from Operations was ₹2,919 Crore, a 7% increase YoY from ₹2,723 Crore in H1 FY24. EBITDA for the half-year grew 7% YoY to ₹657 Crore, and PAT rose by 6.5% YoY to ₹477 Crore from ₹448 Crore in H1 FY24. The H1 FY25 EPS stood at ₹4.83.

The company declared an interim dividend of ₹3.50 per equity share for the financial year ending 31 December 2025, with a record date of 11 August 2025. Management expressed optimism, highlighting strong momentum in the industrial segment, including new product launches like the Rustilo range and localized metalworking fluids. The rural strategy is also yielding consistent double-digit growth, with expanded market presence and digital transformation initiatives. Brand investments and sustainability efforts, such as RRBO-based engine oils, are also key focus areas.

Financially, total assets stood at ₹3,272.50 Crore as of 30 June 2025, down from ₹3,635.29 Crore at 31 December 2024, while total equity increased to ₹2,278.37 Crore from ₹1,818.88 Crore. Cash and cash equivalents saw a significant rise to ₹721.43 Crore from ₹486.36 Crore.

Cash flow from operations decreased YoY to ₹412.81 Crore. Investing activities generated ₹809.78 Crore, largely due to maturities of bank deposits. Financing activities used ₹964.16 Crore, primarily for dividend payments.

In other corporate developments, the Board approved the appointment of M/s. Parikh & Associates as Secretarial Auditors for a term of five years, subject to shareholder approval.

Castrol India Limited announced its financial results for the second quarter (Q2) and first half (H1) of 2025, ending June 30, 2025, on August 5, 2025. The company reported a 7% year-on-year (YoY) increase in Revenue from Operations for Q2 2025, reaching ₹1,496.83 Crore, compared to ₹1,397.54 Crore in Q2 2024. EBITDA for the quarter was stated as ₹349 Crore, an 8% YoY increase. Profit After Tax (PAT) rose 5% YoY to ₹244.00 Crore. The basic and diluted Earnings Per Share (EPS) for the quarter was ₹2.47, up from ₹2.35 in the corresponding period last year. For the first half of 2025, Revenue from Operations was ₹2,918.83 Crore, a 7% YoY increase from ₹2,722.78 Crore in H1 2024. EBITDA for H1 2025 was stated as ₹657 Crore, up 7% YoY, and PAT increased by 6.5% YoY to ₹477.46 Crore, compared to ₹448.41 Crore in H1 2024. The Board of Directors declared an interim dividend of ₹3.50 per equity share for the financial year ending December 31, 2025, maintaining the dividend payout rate from the previous year. Management expressed optimism about future growth, highlighting progress in the industrial segment and the company's rural strategy as key drivers. Operational highlights included new product launches like the Rustilo range, localized production of metalworking fluids, expansion of Chemical Management Services, growth in distribution networks, and strong performance in rural markets. The FastScan app engagement and sustainability initiatives were also noted. Financially, as of June 30, 2025, total assets were ₹3,272.50 Crore (vs ₹3,635.29 Cr at FY end 2024), and total equity increased to ₹2,278.37 Crore (vs ₹1,818.88 Cr). Cash and cash equivalents significantly increased to ₹721.43 Crore from ₹486.36 Cr. Net cash from operations for H1 2025 was ₹412.81 Crore, with CapEx at ₹41.42 Crore. Dividend paid in H1 2025 was ₹939.67 Crore, a substantial increase from ₹445.11 Crore in H1 2024. The company also appointed M/s. Parikh & Associates as Secretarial Auditors for five years, subject to shareholder approval.

Castrol India Limited announced its unaudited financial results for the quarter and half-year ended 30 June 2025.

**Quarterly Results (Q2 FY25 vs Q2 FY24):

• Revenue from Operations:** ₹1,496.83 Cr (up 6.9% YoY from ₹1,397.54 Cr).
• Profit After Tax (PAT): ₹244.00 Cr (up 5.08% YoY from ₹232.17 Cr).
• Earnings Per Share (EPS): ₹2.47 (up 5.1% YoY from ₹2.35).

**Half-Yearly Results (1H FY25 vs 1H FY24):

• Revenue from Operations:** ₹2,918.83 Cr (up 7.2% YoY from ₹2,722.78 Cr).
• Profit After Tax (PAT): ₹477.46 Cr (up 6.5% YoY from ₹448.41 Cr).
• Earnings Per Share (EPS): ₹4.83 (up 6.6% YoY from ₹4.53).

EBITDA: The press release indicated EBITDA for Q2 FY25 at ₹349 Cr (up 8% YoY) and for 1H FY25 at ₹657 Cr (up 7% YoY).

Dividend: The Board declared an interim dividend of ₹3.50 per equity share for FY2025. The record date is 11 August 2025, with payment by 3 September 2025.

**Financials:

• Balance Sheet:** As of 30 June 2025, total assets stood at ₹3,272.50 Cr, with total equity at ₹2,278.37 Cr. Cash and cash equivalents increased to ₹721.43 Cr from ₹486.36 Cr as of 31 December 2024.
• Cash Flow: Net cash generated from operating activities for 1H FY25 was ₹412.81 Cr. Capital expenditure (purchase of PPE) for 1H FY25 was ₹41.42 Cr, resulting in an approximate Free Cash Flow of ₹371.39 Cr.

Management Commentary & Outlook: Management expressed optimism, citing strong momentum in the industrial segment, successful rural market expansion, and continued brand investments as key growth drivers. They are focused on execution and expanding their reach.

**Key Events:

• Product Launches:** Introduced Rustilo (DW 800) rust preventives and localized production of Hysol MB50 and 20XBB metalworking fluids.
• Regulatory Update: Appointed M/s. Parikh & Associates as Secretarial Auditors for a five-year term (FY2025-FY2029), subject to shareholder approval.

Castrol India Limited has announced its financial results for the second quarter (Q2) and first half (H1) of the financial year ending 30 June 2025. The company reported a revenue from operations of ₹1,496.83 crore for Q2 2025, an increase of 7% compared to ₹1,397.54 crore in Q2 2024. For the first half of 2025, revenue stood at ₹2,918.83 crore, up 7% YoY from ₹2,722.78 crore in H1 2024.

Profit After Tax (PAT) for Q2 2025 was ₹244.00 crore, a 5% increase from ₹232.17 crore in the prior year period. For H1 2025, PAT was ₹477.46 crore, showing a 6.5% YoY growth from ₹448.41 crore in H1 2024. The company also reported an Earnings Per Share (EPS) of ₹2.47 for Q2 2025, compared to ₹2.35 in Q2 2024, and ₹4.83 for H1 2025, up from ₹4.53 in H1 2024.

The Board of Directors has declared an interim dividend of ₹3.50 per equity share for the financial year ending 31 December 2025. The record date for this dividend is 11 August 2025, and it will be paid on or before 3 September 2025. Additionally, M/s. Parikh & Associates has been appointed as the Secretarial Auditors for a term of five consecutive years from FY 2025 to FY 2029, subject to shareholder approval.

Management commentary highlights growth momentum across categories, driven by expanded rural market presence, traction in the industrial business with new product introductions like Rustilo (DW 800) and localized metalworking fluids, and sustained brand investments. The company also noted digital transformation of its distributor management system and strong mechanic advocacy through its FastScan app. Cash and cash equivalents stood at ₹721.43 crore as of 30 June 2025, an increase from ₹486.36 crore at the end of the previous year. Capital expenditure for H1 2025 was ₹41.42 crore.

Castrol India announced the launch of its upgraded MAGNATEC engine oil range, which meets the latest global API SQ specification. This new standard was introduced worldwide in April 2025 by the American Petroleum Institute. A key highlight is that the entire upgraded range is being manufactured in India, emphasizing Castrol India's commitment to local production.

This news is a product launch announcement and does not contain any financial results for quarterly or annual performance, nor does it include management guidance or commentary from a conference call.

No financial data, such as revenue, profit, margins, EPS, balance sheet items, cash flow, or key ratios, is provided in this announcement.

The primary event is the launch of a new product line, Castrol MAGNATEC engine oil, with advanced API SQ specifications. This signifies technological advancement and local manufacturing capabilities. The product will be available in popular viscosities like 0W-20, 5W-30, and 5W-40.

The launch aims to meet the evolving demands of Indian drivers for superior engine protection, fuel economy, and emission system compatibility. The company aims to provide world-class products locally, supporting India's automotive sector and fuel environment (including E20 compatibility). The product's rollout across India is expected in the coming weeks.