The profit pool from Indian Oil, Bharat Petroleum, and Hindustan Petroleum shows a net margin of about 3-4% on a combined turnover of approximately ₹20 lakh crore, aligning with global refining benchmarks For the full story, visit the source.
Business
Oil companies’ profits reflect normal refining margins, not crisis windfall, amid Hormuz disruption
The profit pool from Indian Oil, Bharat Petroleum, and Hindustan Petroleum shows a net margin of about 3-4% on a combined turnover of approximately ₹20 lakh crore, aligning with global refining benchmarks
By PTI· BusinessLine· 4 months ago· 2 min read
This summary is sourced from BusinessLine. Read the full article at:BusinessLine