Abstract
The paper starts with an introduction to the oil and gas industry, including their revenue model and action plan. Next, Indian Oil Partnership Limited is presented, along with details about all the products they provide, including bitumen, ointments, petrochemical fills, oil energy, liquified powers, flying turbine fills and regular gas. Information about their goals, accomplishments, and strategy for becoming India's energy mainstay. Comparative analysis, which covers financial measures and how they can be utilised to show how a company is performing over time, is the focus of the study. Ratios are used by investors to assess an organisation's financial health by examining its historical performance and current financial statements. The profitability, liquidity, and solvency performance of the three main oil marketing companies—IOCL, BPCL, and HPCL—are assessed using financial ratios. The goal of this research is to use profitability, market value, leverage, activity, liquidity, and profitability ratios to assess the financial statements of these OMCs.
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