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GOVERNMENT
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Public sector Oil Marketing Companies (OMCs) are Indian Oil Corporation Ltd. (IOC), Hindustan Petroleum Corporation Ltd. (HPC) and Bharat Petroleum Corporation Ltd. (BPC).
Quantum of profit earned by OMCs from all activities on a standalone basis were Rs. 17,753 Crore during H1 of 2020-21.
Indian Oil Corporation Ltd. (IOC) earned Rs. 8,138 from all activities on a standalone basis during H1 of 2020-21. Hindustan Petroleum Corporation Ltd. (HPC) earned Rs. 5,291 crore from all activities on a standalone basis during H1 of 2020-21 and Bharat Petroleum Corporation Ltd. (BPC) earned Rs. 4,324 crore from all activities on a standalone basis during H1 of 2020-21.
Note: Source: RAJYA SABHA SESSION – 253 UNSTARRED QUESTION No 280; Data figures are Rs. in crore.
Resource Title: Company-wise Quantum of Profit Earned by Oil Marketing Companies from all Activities on Standalone basis from 2017-18 to 2020-21 (From: Ministry of Petroleum and Natural Gas)