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Earnings

OMCs Q4FY19 Review: Refining tepid, marketing shines

Updated : May 24, 2019 12:39 PM IST

Gross refinery margins (GRMs) across the companies were muted
BPCL trailed the pack due to lower earnings from the Kochi refinery
OMCs continued to underperform on GRMs, with BPCL reporting lowest margins at $2.7 per barrel in Q4FY19
OMCs Q4FY19 Review: Refining tepid, marketing shines

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