State-owned oil marketing companies (OMCs) are likely to sustain their profitability momentum in the remaining quarters of the fiscal 2025-26 on the back of robust refining and firm marketing margins, as per analysts. This growth, experts believe, will also be aided by continued LPG under-recovery compensation from the government.
The official notification of LPG payout of Rs 14,500 crore for Indian Oil, Rs 7,650 for Bharat Petroleum , and Rs 660 crore for Hindustan Petroleum along with steadily reducing LPG losses (Rs 50 per cylinder rise in prices and lower international LPG prices helped pare losses to around Rs 100 per cylinder, from Rs 150 per cylinder in Q1) may further boost H2FY26 prospects for these companies, as per ICICI Securities.
The brokerage added that with formal not

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