08 Oct 2025 | 5 Mins Read
Indian oil and gas companies likely to surprise with positive Q2 results
Flipitmoney
Analysts expect a robust year-on-year growth for the oil and gas sector, driven by strong OMC and Reliance Industries (RIL) performance, despite potential moderation on a sequential basis. RIL's EBITDA growth is forecast to be 13% year-on-year and 2% quarter-on-quarter. OMCs like BPCL, IOCL, and HPCL are expected to see better refining margins and reduced LPG under-recoveries.