What is the profit margin of petrol pumps in India?

How to Start a Petrol Pump Business? On average, a petrol bunk business owner or dealer earns a profit margin of Rs. 1.2 for every litre of petrol sold, whereas he earns Rs 1.8 for every litre of diesel. So, a petrol pump is a low-margin business, where you can generate good revenue and become profitable.

How much money does a petrol pump owner make in India?

How much money does petrol pump owner make in India?

PARTICULARS Total
Net profit Rs 3,58,000 Monthly
Average sales per month 400000 Litre
Your commission per litre Rs 3.0/litre
Gross earning Rs 5,70,000 per month

Is petrol pump profitable in India?

Even though it demands a fair bit of legal obligations and paper work, it still stands to be amongst the most profit making businesses in India. Besides, the Oil Marketing Companies (OMCs) are aiming to generate more viable opportunities in order to encourage the growth of petrol pump business in India in 2020-2021.

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Which is the most profitable petrol pump in India?

Top 6 Brands of Petrol Pumps in India

  • Indian Oil. Indian Oil Corporation is the biggest oil company and also India’s most profitable state-owned company. …
  • Bharat Petroleum. …
  • Hindustan Petroleum. …
  • Reliance Petroleum. …
  • Shell. …
  • Essar Oil. …
  • Upcoming Oil Companies and Petrol Pumps in India. …
  • Rosneft.

How much does a petrol pump make?

To start a petrol pump, the applicant must show the ability to invest a minimum of Rs. 25 lakhs in case of regular petrol pumps and Rs. 12 lakhs in case of rural petrol pumps.

What is the profit margin of petrol pumps?

How to Start a Petrol Pump Business? On average, a petrol bunk business owner or dealer earns a profit margin of Rs. 1.2 for every litre of petrol sold, whereas he earns Rs 1.8 for every litre of diesel. So, a petrol pump is a low-margin business, where you can generate good revenue and become profitable.

How do petrol stations make money?

Petrol stations don’t make much money

Retailers try to make about 4-5p per litre, but out of that they have to pay staff, business rates and corporation tax. Fuel stations often depend heavily on sales from the shop – a retailer can make more on selling a Costa coffee than on 40 litres of fuel. ‘

Which is the best business in India?

Based on these patterns, here is a list of the top 10 businesses in India:

  1. Website Designing. Blogging and digital marketing are some of the most popular options for employment. …
  2. Interior Designing and Decoration. …
  3. Real Estate. …
  4. Building Materials. …
  5. Wedding Planning. …
  6. Pharmaceutical Businesses. …
  7. Travel Agency. …
  8. Organic Farming.
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What is the most profitable business in India?

Event Management has always remained the most profitable business in India.

Which petrol is best for car?

The higher the octane number is, the more resistant the fuel is to pinging in your engine. For this reason, it’s recommended you fill high-performance cars with higher octane fuels, such as 98 premium unleaded petrol, since these cars are more likely to burn fuel consistently at higher temperatures than regular cars.

Which petrol is best HP or Indian oil?

Premium Fuel is considerably pricer that your regular fuel. Major Indian oil companies like BPCL, IOCL, HPCL guarantee a better mileage and long-run performance of the car with their premium fuel. In India unleaded petrol typically has octane ratings of 87, whereas premium fuel has an octane level of 93–94.

How much land is required to open a petrol pump?

Normally, the area of 800 square meters to 1200 square meters is sufficient to open a petrol pump.

How much does it cost to start a petrol station?

A local petrol station business set up costs range in the region of R15 million and R100 million depending on the size and site. Further to this the operation payable to the oil company ranges between R2. 5 million and R15 million, depending on the cost to develop, projected volumes and profitability.

How can I get HP petrol pump Licence?

HPCL Retail Outlet Application Fee

  1. Application fee of Rs.100 for Rural HPCL ROs have to be paid, and price for SC/ST applicant is Rs.50.
  2. For applying regular HPCL retail outlet application fee of Rs. 1000 have to be paid. Fee for SC/ST category is only Rs. 500.
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