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State retailers' petrol sales up by 27.4% in March; diesel rises 28.6%

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

twitter-logoReuters | April 1, 2021 | Updated 14:22 IST
State retailers' petrol sales up by 27.4% in March; diesel rises 28.6%

Indian state retailers' gasoline 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 coronavirus 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 gasoline and 6.41 million tonnes of gasoil last month, the data showed.

Also read: Jet fuel price slashed by 3%; petrol, diesel rates remain unchanged

Also read: LPG price to drop Rs 10 per cylinder from April 1

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