Will maximise refining margins irrespective of crude price trend- Nayara Energy CFO

Nayara Energy, a private refinery, is planning to expand its business in India with a target to increase its retail fuel stations by 50% from around 6,400 now by 2030, by opening new outlets along national highways and in rural areas. The company, which posted a net profit of Rs 9,592 crore on operational revenue of Rs 1.37 trillion, in FY23, also aims to be have a larger share in India’s…

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