Castrol India Limited builds on growth momentum in 2Q 2026

Bengaluru, 4 August 2026: Castrol India Limited (BSE: 500870; NSE: CASTROLIND), has announced its financial results for the second quarter (2Q) and first half (1H) ended 30 June 2026, delivering another quarter of strong growth in an operating environment marked by supply disruptions and sever commodity inflation. The performance was driven by supply chain agility, brand strength, and disciplined execution across its consumer, industrial and institutional businesses.

The Company follows the calendar year (January to December) for its financial reporting.

Key financial highlights:

Second quarter of 2026

· Revenue from Operations at ₹1,871 Crore, growth of 25% (YoY)

· EBITDA at ₹494 Crore growth of 41% (YoY)

· PAT rises 43% (YoY) to ₹348 crore

First half of 2026

· Revenue from Operations at ₹3,417 Crore, up 17% (YoY)

· EBITDA at ₹823 Crore up 25% (YoY)

· PAT up 24% to ₹590 Crore (YoY)

Commenting on the performance, Mr. Saugata Basuray, Managing Director, Castrol India Limited, said, “We delivered another strong quarter by staying focused on disciplined execution in a dynamic operating environment. Our industrial, institutional and consumer businesses all performed well, delivering strong volume growth. Our power brands in the personal mobility space continued to grow ahead of the rest of the business, supporting a healthier portfolio mix and reflecting consumers’ increasing preference for high-performance lubricants. This also reinforces our strategy of sharpening our focus on urban clusters, where personal mobility remains a significant growth opportunity. In an extremely volatile environment, with continued challenges around raw material availability and pricing, we leveraged our global supply chain and diversified vendor base to ensure uninterrupted supply to our customers. This agility enabled us to respond effectively while continuing to deliver strong business performance.”

As we look ahead, he added, “We remain cautious considering inflationary pressures and uneven monsoon conditions that could influence demand in the second half of the year. We will continue to respond with agility while investing behind our brands, expanding our distribution network, strengthening customer relationships.”

The Board of Directors of the Company has declared an interim dividend of ₹6.25 per share, which will be paid on or before 2 September 2026.

Ms. Mrinalini Srinivasan, Chief Financial Officer and Whole-time Director, Castrol India Limited, said, “As Castrol progresses through a period of transition, we remain confident in the resilience of our business and our ability to continue generating healthy cash flows. Reflecting this confidence, the Board has declared an interim dividend that accelerates a greater portion of cash returns to shareholders during this year of transition for the company. This approach brings forward shareholder returns while maintaining our disciplined capital allocation philosophy. We continue to expect our overall shareholder payout for the full year to remain broadly in line with our established practice.”

The quarter also saw Castrol India continue to strengthen its long-term growth foundations through expanded market reach, product innovation, deeper customer engagement and continued focus on expanding our reach into rural India.

Key business highlights from the second quarter of 2026:

· Expanded reach and strengthened market presence

o Maintained a national distribution footprint of approximately 160,000 outlets, while expanding the Auto Care portfolio to around 40,000 physical outlets.

o Further strengthened the service ecosystem through 34,000+ independent bike workshops, 16,000+ multi-brand workshops and more than 850 Castrol Auto Service (CAS) centers.

o Expanded rural distribution to ~45,000 outlets and grew the Rural Service Express network to over 950 centres, delivering sustained double-digit growth.

o Strengthened leadership in the premium passenger vehicle lubricant segment through focused execution in top urban clusters.

· Strengthened portfolio through innovation and localisation

o Expanded the full synthetic portfolio with the launch of Castrol Activ Full Synthetic 10W-30 and 5W-30, the upgrade of Castrol GTX 5W-30 to Castrol GTX Full Synthetic 5W-30, and the introduction of Castrol GTX Full Synthetic 0W-20.

o Advanced product localisation with the introduction of Alusol SL 61 XBB, a water-soluble coolant for high-performance machining of aluminium alloys, and suitable for cast iron and low-alloyed steel.

· Strengthened brand engagement and consumer connect

o Launched a TVC for Castrol Activ Full Synthetic, featuring Zombie, to bring alive the product’s differentiated proposition with humour. The campaign reached over 150 million consumers.

o Brand and trade engagement initiatives reached over 22 million consumers and trade audiences.

o Engaged more than 10,000 riders through Road Trip United, strengthening connections with leisure bikers and enthusiasts while reinforcing the performance imagery of Castrol POWER1.

· Continued focus on safety and operational excellence

o Paharpur completed nine years and Silvassa three years without any significant incident.

o Silvassa received the NAMC Gold Award for operational excellence and safety performance.

o Castrol India received the Special Jury Award for Championing Sustainable Procurement Practices.



About Castrol India Limited

Castrol India Limited, part of the bp group, is a leading and trusted lubricant manufacturer with over 115-year presence in India. With a strong focus on evolving consumer needs and changing mobility trends, the company continues to adapt its portfolio and offerings to stay ahead of the market. Known for its innovation, and high-performance products, Castrol offers a wide range of engine oils, transmission fluids, and industrial lubricants with products such as Castrol CRB, Castrol GTX, Castrol Activ, Castrol MAGNATEC, Castrol EDGE, Castrol POWER1 and Rustilo. Serving various sectors including automotive, mining, machinery, and wind energy, Castrol India operates three blending plants and a wide distribution network of over 150,000 retail outlets nationwide. Globally, Castrol has been driving technological advancements for over 125 years.

User :- Lakshman Babu

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