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High marketing margins help trim OMCs' debt by half

High marketing margins help trim OMCs’ debt by half
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For OMCs like Indian Oil, daily gross marketing margin on auto fuels stands at over ₹3 per litre.
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Oil marketing companies (OMCs) have raised marketing margins in a year of rising fuel prices, helping them reduce debt by nearly half in just a year.
For OMCs such as Indian Oil Corp. Ltd (IOCL), Bharat Petroleum Corp. Ltd (BPCL) and Hindustan Petroleum Corp. Ltd (HPCL), daily gross marketing margin on auto fuels now stands at over ₹3 per litre. The debt reduction thanks to better margins assumes significance against the backdrop of the current privatization of BPCL.

Istkalpana-pathak , Indian-oil , Omcs , Debt , Marketing-margins , Iocl , Bpcl , Hpcl , இந்தியன்-எண்ணெய் , கடன் , இோக்ல் , பிபிசில்