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RIL clocks double digit sales growth in petrol, diesel in Q3 FY20

20 Jan 2020 Evaluate

Reliance Industries (RIL) has outpaced industry in clocking double digit sales growth in petrol and diesel from its nearly 1,400-odd petrol pumps in the third quarter ended December 31, 2019. The company has registered an 11 per cent growth in diesel sales and 15 per cent growth rate in petrol sales from its 1,394 fuel retail outlets. This is compared to industry growth rate of 0.2 per cent for diesel and 7.1 per cent for petrol.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1177.40
Indian Oil Corpn. 125.65
Bharat PetroleumCorp 286.60
HPCL 329.00
MRPL 174.70
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