However, analysts believe that any price cut won't be sharp enough to seriously impact the profitability of these firms, whose earnings have been robust in the last two quarters.
"Currently, the diesel and petrol gross marketing margins of OMCS are high at 6 and 11 per litre respectively, much higher than the normative level of 3 and 4 per litre each, hence a 4-6 per litre cut at retail level would essentially bring their margins closer to normative levels, without hitting their profitability as such," said Madhavi Arora, lead economist at Emkay Global.
هذه القصة مأخوذة من طبعة December 30, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 30, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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