Retail oil marketing companies are potential gold mines. Their financial performance in the quarter ending June 2003 is widely expected to outshine their performance in the previous quarters.
Indeed, May has been very kind to them. In this month, blended retail marketing margins on motor spirit and high speed diesel stood at Rs 1.781 per kilo litre (KL).
This translates into a profit of Rs 740 crore for the entire industry. This is nearly 26 per cent of the industry
