India state retailers' March petrol sales up 27.4% y/y; diesel up 28.6% y/y

Indian state retailers' gasoline and gas oil sales in March rose by 27.4% and 28.6%, respectively, from the low base of last year, when a lockdown to stem the spread of the coronavirus hit consumption

Topics
gasoline | Indian Economy

Reuters  |  NEW DELHI 

Photo: Reuters
A person filling fuel tank of a vehicle

NEW DELHI (Reuters) - Indian state retailers' and gasoil sales in March rose by 27.4% and 28.6%, respectively, from the low base of last year, when a nationwide lockdown to stem the spread of the hit consumption, preliminary industry data showed.

State companies - Indian Oil Corp, Hindustan Petroleum Corp and Bharat Petroleum - own about 90% of India's retail fuel outlets.

The three companies sold 2.47 million tonnes of and 6.41 million tonnes of gasoil last month, the data showed.

 

(Reporting by Nidhi Verma; Editing by Jacqueline Wong)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Thu, April 01 2021. 12:52 IST
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