Castrol India Q1 Results: Revenue up 9% with market share gains; Volumes grow high-single-digits – CNBC TV18
Saugata Basuray, Executive Director and Interim CEO, said that the first quarter reflects strong momentum as the company continues to execute its growth strategy.Castrol India Limited reported a 3.7% year-on-year (YoY) rise in net profit to ₹242.2 crore for the quarter ended March 31, 2026, compared to ₹233.5 crore in the same period last year.
The company announced its Q1 earnings results on Tuesday, April 28, posting high single-digit growth in volumes as revenue grew 9% YoY to ₹1,545 crore from ₹1,422 crore in the corresponding quarter last year.
Earnings Before Interest Tax Depreciation and Amortisation increased by 8% to ₹330 crore from ₹307 crore. EBITDA margin remained steady at 21.4% versus 21.6% a year ago.
Also read: Unicommerce shares down 9% as Q4 margins shrink on high investments
Saugata Basuray, Executive Director and Interim CEO, said that the first quarter reflects strong momentum as the company continues to execute its growth strategy.
He said, "We expanded deeper into rural India, tapping village clusters with population below 20,000, with our rural portfolio growing at double digits. In urban markets, we sharpened our focus on premium brands, driving distribution and activations in high-density consumption areas and delivering double-digit volume and value growth. Our industrial business also sustained its double-digit growth."
Castrol India's CFO, Mrinalini Srinivasan, said, "Towards the end of the quarter, we saw early signs of external headwinds on currency and on raw material costs driven by geopolitical events. We are proactively positioning the business to navigate a more volatile and inflationary environment."
The company said it will continue to focus on distribution expansion, premiumisation and cost discipline while responding to evolving macro conditions.
Shares of Castrol India are trading 0.5% lower at ₹183.5 after the results announcement. The stock has risen 6% in the last one month.
Key Insights
- This topic is currently trending
- Experts are closely monitoring developments
- It may impact future decisions
