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HomeNewsFinanceOMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

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OMCs may face LPG under-recovery of around ~80,000 crore in FY27: Icra

India's state-run oil marketing companies (OMCs) are projected to face significant under-recoveries of approximately Rs 80,000 crore on liquefied petroleum gas (LPG) sales in FY27, driven by surging international prices and the ongoing West Asia conflict, according to a new report by rating agency Icra. Photograph: ANI Video Grab Key Points India's state-run OMCs could face under-recoveries of around Rs…

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