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Private Fuel Retailers Gain Market Share Amidst Stagnant PSU Sales
Private Fuel Retailers Gain Market Share Amidst Stagnant PSU Sales
Publish Date :
Private Sector Outpaces Public Fuel Retailers
In FY25, private fuel retailers like Reliance-BP and Nayara Energy recorded a 19.7% year-on-year increase in combined petrol and diesel sales.
By contrast, public sector companies saw only 6.4% growth in petrol sales and a 0.6% decline in diesel sales.
The overall sector saw 7.5% growth in petrol and 1.2% in diesel.
Market Share Dynamics
Private players increased their petrol market share from 8.3% to 9.2%, and diesel share from 8.6% to 10.1%.
However, these remain slightly below their pre-2022 levels of 9.6% (petrol) and 10.5% (diesel).
Promotional Strategies Drive Growth
Private companies have successfully used discount schemes and premium fuel offerings at regular prices to attract customers and grow volumes.
These strategies have significantly contributed to their rising market share.
Retail Network Disparities
Despite the sales surge, private retailers operate only around 8,917 fuel stations, compared to the 86,340 stations managed by public sector companies.
This smaller network limits their overall penetration but hasn’t hindered targeted growth.
Industry Response
Public sector executives acknowledge the incremental growth of private players but remain largely unconcerned, citing the marginal shift in overall market share.
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