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06-Nov-2025

Castrol India

Aims sustainable EBITDA margins of 21–24%


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Castrol India held a conference call on 06 November 2025 to discuss the results for the quarter ended September 2025 and way forward. Mr. Kedar Lele, Managing Director and Mr. Mrinalini Srinivasan, Chief Financial Officer of the company addressed the call.

Highlights of the Concall

  • Revenue from operations stood at Rs 1,363 crore in Q3 CY25, reflecting a 6% year-on-year increase, primarily driven by 7% volume growth. Year-to-date volume growth stood at 8%, indicating sustained demand driven by a balanced mix of volume, pricing, and portfolio strategy.

  • Castrol India sold approximately 60 million liters of lubricants in Q3CY25, compared with 66 million liters in Q2 and 63 million liters in Q1, maintaining solid year-to-date growth.

  • In Q3, personal mobility volumes grew by over 6%, commercial vehicle oils (CVO) grew around 8%, and industrial volumes grew in double digits.

  • The company’s volume mix typically comprises around 4...



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