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Mukesh Ambani’s BIG achievement, Reliance Industries this JV clocks 34% rise in…, aggressively expands its…
24htopnews | October 22, 2025 12:06 AM CST

Jio-BP the fuel retail joint venture between Reliance Industries and global energy major BP reported a 34 per cent increase in petrol and diesel sales during the September quarter driven by rapid expansion of its retail network. According to an investor presentation following its second-quarter earnings the company sold 1.8 million units of petrol and diesel in July–September up 34 per cent from the same period last year. The growth was further supported by healthy fuel margins. Jio-BP Clocks 34% Volume Growth So if you look at the volume and the growth petrol and diesel together we have done about 1.8 million kilolitre. That is a 34 per cent growth. ATF which is jet fuel we have done about 157000 kilolitres. This is definitely lower than last quarter but what is important to note is we are maintaining the share there Srinivas Tuttagunta COO - Refining & Marketing at Reliance Industries Limited said on the investor call. The ATF sales were lower than last year on account of a reduction in air traffic due to heightened checks that followed the Ahmedabad Air India crash he said. He said Jio-BP had a market share of 3.59 per cent in petrol and 6.23 per cent in diesel. Its ATF market share stood at 5.9 per cent in the July-September quarter. Jio-BP continue to outperform market with innovative product and market offerings the investor presentation said touting its Active Technology high-performance fuels that it claimed give extra mileage at no extra cost to the consumer. What Is Reliance BP Mobility? Reliance BP Mobility Ltd the 50:50 joint venture of Reliance and BP that operates under the Jio-BP brand has already scaled up its auto fuel retailing network to 2057. Network I think that is something which we are aggressively working on to increase our presence and footprint across the country and add more and more outlets he said. Indias fuel retailing landscape is dominated by public sector firms. State-owned Indian Oil Corporation (IOC) Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) control 90 per cent of the 99281 petrol pumps in the country. IOC has 41263 outlets BPCL 6446 and BHPCL 6147. Alongside selling traditional auto fuels of petrol and diesel Jio-BP is also aggressively pushing for new-age clean fuels. It already has 6431 EV charging points and 107 compressed biogas (CBG) and compressed natural gas (CNG) stations. E-mobility wise on a low base but we have grown at 32 per cent. CBG and CNG are an important focus for us we have grown by 70 per cent he said. As many as 142 convenience stores have been set up at the fuel retail outlets to tap into non-fuel sales. So these are the reasons for the strong performance of RBML and we continue to work on this to improve further he added. (With Inputs From PTI)


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