Indian OMCs Defend FY26 Profit Projections Amid Scrutiny
Clarifying the Profit Outlook State-owned Oil Marketing Companies (OMCs) in India have officially pushed back against characterizations of their projected FY26 profits as “windfall gains,” asserting that the estimated ₹77,821 crore figure represents standard operational margins rather than excess earnings. Industry sources close to the development emphasize that this profit pool is essential for maintaining…