The Economic Times

Why are petrol, diesel prices rising despite OMCs super profits? Congress MP Manish Tewari slams fourth hike

Why @HardeepSPuri Why ? State Run Oil Marketing Companies ( OMC's) made whopping profits in FY 2025 -26 . The Three OMC's made a cumulative profit of Rs . 77,280.65 crores a 130% jump over FY 2024-25. Even in (Quarter 4, Jan -March 2026) Q-4 2025-26 when Isreal and US struck Iran the profit of the three OMC 's was Rs 19,470 crores a 40% jump over the same period last year, Tewari wrote on X.