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OMCs’ FY2025-26 Profit Reflects Healthy Margins, Not Windfall: Data

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New Delhi, May 27 (IANS) The Rs 77,821 crore combined OMC profit for FY2025-26 is a 3 to 4 per cent net margin on combined turnover in the order of Rs 20 lakh crore, the working margin any healthy commodity refiner at this scale produces, according to the data.The Opposition is pointing to the OMCs’ Rs 77,821 crore combined profit in FY 2025-26 a 130 per cent jump over FY 2024-25, and calling it a windfall during a crisis.The truth is: Roughly half of this profit returns to the Government of Ind…