GP Petroleums Ltd 2021 AR2
The report highlights GP Petroleums Limited's resilient performance during the fiscal year 2020-21, with total revenue increasing by 23.07% to INR 611.09 crores and profit from operations rising by 26.11% to INR 23.61 crores. Despite the challenges of the COVID-19 pandemic and rising raw material costs, the company successfully managed its working capital, reducing finance costs by INR 6 crores. Key achievements included the launch of co-branded Honda Repsol engine oils, expanding the distribution network to over 500 distributors, and implementing extensive digital marketing and capability-building initiatives. Additionally, the company continued its 'We Care!' CSR platform, conducting health camps across 26 cities and supporting local communities.
Company: GP Petroleums Ltd
Sector: Manufacturing
Country: India
Year: 2021
Type: AR2
Pages: 112
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GP Petroleums Ltd
Annual Report
The report highlights GP Petroleums Limited's resilient performance during the fiscal year 2020-21, with total revenue increasing by 23.07% to INR 611.09 crores and profit from operations rising by 26.11% to INR 23.61 crores. Despite the challenges of the COVID-19 pandemic and rising raw material costs, the company successfully managed its working capital, reducing finance costs by INR 6 crores. Key achievements included the launch of co-branded Honda Repsol engine oils, expanding the distribution network to over 500 distributors, and implementing extensive digital marketing and capability-building initiatives. Additionally, the company continued its 'We Care!' CSR platform, conducting health camps across 26 cities and supporting local communities.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees