Lubricants

Castrol India’s Resilient Run Continues as Industrial and Rural Segments Drive Growth

Castrol India Limited has reported a resilient performance for the third quarter (Q3) and nine months (9M) ended 30 September 2025. The company, which follows a calendar year (January to December) for financial reporting, continued its growth trajectory, demonstrating strong fundamentals across both revenue and profitability metrics.

Revenue from operations for Q3 2025 stood at ₹1,363 crore, a year-on-year increase of 6%, while EBITDA rose 13% to ₹323 crore. Profit after tax (PAT) was ₹228 crore, reflecting a 10% year-on-year growth. The company also recorded a 7% increase in volumes during the quarter. For the nine-month period, revenue from operations reached ₹4,282 crore, up 7% year-on-year, while EBITDA rose 9% to ₹980 crore and PAT increased 8% to ₹705 crore. Volumes for the nine months were higher by 8%.

Kedar Lele, Managing Director, Castrol India Limited, said, “We delivered yet another quarter of consistent growth while maintaining profitability through our diverse portfolio and agile channel mix. Both rural and industrial segments continue to build strong momentum, contributing significantly to our growth story. As we look ahead, our focus will stay firmly on driving volume growth, delivering market share gains, and expanding the portfolio in consumer-relevant adjacent categories.”

Echoing this sentiment, Mrinalini Srinivasan, Chief Financial Officer, Castrol India Limited, added, “While the external environment continues to shift, we have remained nimble, adapting quickly to changing market dynamics through innovation, operational excellence, and deeper customer connections. With factors such as forex volatility and base oil price fluctuations at play, our disciplined financial management keeps us well-positioned to respond effectively. By continuing to invest in our brands and innovation, we are building long-term resilience and creating sustainable value for the business.”

Financial Summary (₹ crore)

Particulars3Q 2025 (Jul–Sep)2Q 2025 (Apr–Jun)3Q 2024 (Jul–Sep)9M 2025 (Jan–Sep)9M 2024 (Jan–Sep)
Revenue from Operations1,3631,4971,2884,2824,011
Profit Before Tax308330280950887
Profit After Tax228244207705656

(Note: Castrol India follows a calendar year basis for its financial reporting.)

Strategic Highlights – Q3 2025

Castrol India continued to strengthen its position in the lubricants market, driven by product innovation, localisation, and an expanding retail footprint.

The company expanded its Auto Care range with the launch of Castrol All-in-One Helmet Cleaner and localised key industrial products such as Alusol SL 41 XBB and Spheerol SM 00. In the automotive segment, Castrol MAGNATEC was upgraded to the latest API SQ specifications, underscoring its commitment to product advancement.

Network expansion remained a priority, with Castrol India now reaching nearly 1,50,000 outlets nationwide. Its service network supports more than 750 Castrol Auto Service centres, 33,000 independent bike workshops, and 11,500 multi-brand workshops. The company’s growing presence in rural India—with around 40,000 rural outlets and 500 Rural Express points—has driven consistent double-digit growth in these markets. The full range of Auto Care products is now accessible via e-commerce, modern trade, and over 67,000 physical outlets across the country.

In a strategic move to support electric vehicle growth, Castrol India signed an MoU with VinFast Auto India to provide reliable and accessible after-sales support for EV customers through select Castrol Auto Service workshops.

On the brand engagement front, Castrol continued to strengthen customer connect. The Castrol POWER1 campaign engaged over five million biking enthusiasts across key Indian cities, while the SuperDRIVE with Castrol EDGE initiative facilitated nearly 10,000 consumer trials in 10 cities. The Super Mechanic Saptah campaign attracted participation from more than 5,000 mechanics across India, reinforcing Castrol’s strong bond with its core influencer community.

Internally, the company concluded PowerUp 3.0, its annual campus case study competition designed to connect young talent with real-world business challenges. It also launched Life at Castrol, a communication series spotlighting employee policies that support individuals through various stages of their professional and personal lives.

Castrol India’s consistent focus on innovation and performance was recognised through several awards during the quarter. The company was ranked among the Top 30 Supply Chain Champion Teams in the 2025 ISCM rankings. Its RRBO-based engine oil for BS IV vehicles, co-engineered with Tata Motors, received the Tata Motors Sustainability Excellence Award 2025. Additionally, Castrol earned multiple honours at the e4m IDMA 2025 for creative excellence.