India's IOC sees growth in gasoline, diesel sales in FY2024/2025
QUITOL, India (Reuters) - India's top refiner Indian Oil Corp expects its gasoline sales to rise 4.5%-5% in the financial year ending on March 31, 2025, the company's head of marketing said on Tuesday.
"We are seeing a steady growth in MS (gasoline) sales," Satish Kumar Vaduguri told reporters on the sidelines of the India Energy Week conference.
The company's diesel sales are expected to climb 3% over the same financial year, he said.
Vaduguri said sales of jet fuel were seen rising 6-7% in the year ending March 2025, while liquefied petroleum gas (LPG) sales were expected to jump 2%.
(Reporting by Nidhi Verma; Writing by Florence Tan; Editing by Jacqueline Wong)