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No fuel price cut on cards: Govt State-run Indian Oil, Hindustan Petroleum and Bharat Petroleum are projected to lose Rs 1,28,135 crore (Rs 1,281.35 billion) on fuel ...



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Old 06-11-08, 07:20 PM   #1
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No fuel price cut on cards: Govt
State-run Indian Oil, Hindustan Petroleum and Bharat Petroleum are projected to lose Rs 1,28,135 crore (Rs 1,281.35 billion) on fuel sales this fiscal. IOC, BPCL and HPCL lost Rs 92,853 crore (Rs 928.53 billion) on fuel sales (audited figures) in April-September and are projected to lose Rs 35,282 crore (Rs 352.82 billion) in the second half of 2008-09 fiscal.

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Old 06-11-08, 08:01 PM   #2
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Re: No fuel price cut on cards: Govt
are bhai yeh bata do badhane ke favor main ho ya ghatane ke favor main.
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Old 07-11-08, 12:33 AM   #3
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Re: No fuel price cut on cards: Govt
All these petroleum co. are facing loses due to Kerosene/Diesel and LPG subsidized rates. Petrol is the only product which is sold with profit margins.
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