LPG under-recoveries may reach ₹80,000 crore by FY27
after close1 source ↓written by the desknot a recommendation
- in FY2027
- ₹80,000 crore
- are leading
- $120-125 per barrel
- for petrol
- ₹14 per litre
- for diesel
- ₹18 per litre
LPG under-recoveries for oil marketing companies (OMCs) could hit ₹80,000 crore in FY2027, driven by ongoing supply disruptions and high global prices due to the West Asia crisis, according to ICRA. Current crude prices of $120-125 per barrel are leading to negative marketing margins of ₹14 per litre for petrol and ₹18 per litre for diesel, impacting profitability significantly. 📉
Not investment advice. For informational purposes only.