At 21%, Reliance Industries' petro-retail growth outpaces the industry

Reliance Industries’ (RIL’s) growth rate in petrol and diesel retail volumes was higher than that of the industry during the March quarter. This growth, however, has not been able to match RIL’s consumer retail momentum. For the January-March 2019 quarter, RIL said its petrol retail volumes grew by 21 per cent. This is higher than the industry growth rate for the same period which was at 9 per cent, according to RIL’s investor presentation for the March quarter. The company saw a similar growth for its diesel sales. Volume growth for diesel in retail was at .....

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