LPG losses of oil companies narrows 35% QoQ in Q1FY26: Report
The LPG under-recovery for Oil Marketing Companies (OMCs) witnessed a sharp decline in the first quarter of FY26, narrowing by nearly 35 per cent quarter-on-quarter, according to a report by Care Edge Ratings.
The report highlighted that this reduction came mainly due to the price hike announced in April 2025, where LPG prices were raised by Rs 50 per 14.2 kg cylinder, along with some moderation in sourcing costs.
