Operating profit of oil marketers set to jump over 50 pc to in FY26: Crisil Ratings
By
Binu Mathew
Oil marketing companies (OMCs) are poised for a sharp rebound, with operating profits expected to surge more than 50 per cent to USD 18-20 per barrel this fiscal year, driven by stronger marketing margins amid stable retail fuel prices and supportive crude oil dynamics, Crisil Ratings said on Friday.
OMCs earn from refining (gross refining margins or GRMs) and from marketing of petrol, diesel, and other fuels.
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