Petroleum and lubricant sales clocked in at 1.49Mn tons in Mar’21, depicting a gigantic growth of 44% on year-on-year basis. During 9MFY21, sales of total petroleum products increased by 15% on YoY to 14.15Mn tons against 12.27Mn tons in 9MFY20. Dissection of data revealed that major contribution to growth came from HSD and FO with offtake undergoing a jump to 5.38Mn tons and 2.30Mn tons, up by 17% and 43% on YoY against 4.60Mn tons and 1.61Mn tons.
3/4/2021