Castrol India Reports Strong Growth in 2Q 2026, Declares Interim Dividend

Castrol India Reports Strong Growth in 2Q 2026, Declares Interim Dividend​

Castrol India Limited has announced its financial results for the second quarter (2Q) and first half (1H) ended June 30, 2026. The company reported a sustained period of growth across its consumer, industrial, and institutional businesses, leading the Board of Directors to declare an interim dividend of ₹6.25 per equity share.

The results demonstrate the company’s resilience and disciplined execution amidst a dynamic operating environment characterized by commodity inflation and supply disruptions.

Financial Performance Highlights​

For the second quarter (2Q 2026), Castrol India saw Revenue from Operations reach ₹1,871 Crore, marking a 25% year-on-year growth. Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at ₹494 Crore, reflecting a 41% rise year-on-year (YoY). Profit After Tax (PAT) for the quarter grew by 43% YoY to ₹348 crore.

In the first half of 2026 (1H), Revenue from Operations reached ₹3,417 Crore, which is an increase of 17% over the same period in the previous year. EBITDA rose by 25% YoY, reaching ₹823 Crore, while PAT increased by 24% to ₹590 crore.

The financial performance across key periods is summarized below:

Management Commentary and Outlook​

Saugata Basuray, Managing Director of Castrol India Limited, commented on the results, stating that the company delivered a strong quarter by maintaining focus on disciplined execution. He noted that industrial, institutional, and consumer businesses performed well, with power brands in the personal mobility segment showing continued growth. This performance reinforced the strategy to sharpen focus on urban clusters where personal mobility offers significant opportunities.

Looking ahead, Mr. Basuray mentioned remaining cautious due to inflationary pressures and uneven monsoon conditions which could influence demand in the second half of the year. The company plans to respond with agility by investing behind its brands, expanding distribution networks, and strengthening customer relationships.

Mrinalini Srinivasan, Chief Financial Officer and Whole-time Director, added that reflecting confidence in the business's resilience, the Board declared an interim dividend which accelerates a portion of cash returns to shareholders during this transitional period. She confirmed that the overall shareholder payout for the full year is expected to remain broadly aligned with established practices.

Operational Growth and Innovation​

The company continued to strengthen its long-term growth foundation through enhanced market reach and product innovation.

Key operational achievements from the second quarter include:

• Market Presence: Maintaining a national distribution footprint of approximately 160,000 outlets, while expanding the Auto Care portfolio to about 40,000 physical outlets.
• Service Ecosystem: Strengthening the service network through over 34,000 independent bike workshops, more than 16,000 multi-brand workshops, and over 850 Castrol Auto Service (CAS) centers.
• Rural Expansion: Expanding rural distribution to around 45,000 outlets and growing the Rural Service Express network to over 950 centres.

In terms of product innovation, the company expanded its full synthetic portfolio with the launch of Castrol Activ Full Synthetic 10W-30 and 5W-30, and the introduction of Castrol GTX Full Synthetic 0W-20. Furthermore, Alusol SL 61 XBB was introduced as a watersoluble coolant for high-performance machining of aluminum alloys.

The company also focused on brand engagement and consumer connection. A TVC for Castrol Activ Full Synthetic was launched, which reached over 150 million consumers. Brand and trade engagement initiatives successfully reached over 22 million audiences.

Dividend Details​

Following the declaration by the Board of Directors, the interim dividend stands at ₹6.25 per equity share (face value ₹5/-), payable within 30 days from the date of declaration. The record date for shareholders is set as August 11, 2026.

CASTROLIND Stock Price Movement​

Today, Castrol India Limited shares edged higher, settling at ₹187.25 after closing up 0.76% in trading today. The stock saw active movement, with a volume of 3.14 million shares recorded during the session.