Gulf Oil Lubricants India Ltd 2024 AR2
The report highlights Gulf Oil Lubricants India Limited's record-breaking financial performance in FY 2023-24, achieving its highest-ever annual revenue of ’3,284 crore and a 32.6% increase in profit after tax. The company advanced its 'Unlock 2.0' strategy, focusing on premiumization, digital transformation, and expanding its footprint in the e-mobility ecosystem through strategic acquisitions like Tirex Transmission. On the sustainability front, the company increased its renewable energy consumption to over 10% and progressed toward its target of 100% solar rooftop coverage by 2025. Additionally, Gulf Oil successfully met its Extended Producer Responsibility targets by recycling 7,085 metric tons of plastic packaging waste.
Company: Gulf Oil Lubricants India Ltd
Sector: Manufacturing
Country: India
Year: 2024
Type: AR2
Pages: 353
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Gulf Oil Lubricants India Ltd
Annual Report
The report highlights Gulf Oil Lubricants India Limited's record-breaking financial performance in FY 2023-24, achieving its highest-ever annual revenue of ’3,284 crore and a 32.6% increase in profit after tax. The company advanced its 'Unlock 2.0' strategy, focusing on premiumization, digital transformation, and expanding its footprint in the e-mobility ecosystem through strategic acquisitions like Tirex Transmission. On the sustainability front, the company increased its renewable energy consumption to over 10% and progressed toward its target of 100% solar rooftop coverage by 2025. Additionally, Gulf Oil successfully met its Extended Producer Responsibility targets by recycling 7,085 metric tons of plastic packaging waste.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
Apr 24, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Employees