RIL's diesel, petrol volumes grow in double digits despite slowdown

It is not just the organised retail segment in which oil-to-telecom conglomerate Reliance Industries (RIL) has managed to buck the slowdown trend in the economy. 

The company has reported double-digit volume growth in both diesel and petrol, while growth at the industry level saw a decline in both petrol and diesel. In its investor presentation for the September 2019 quarter, said RIL, it has witnessed strong volume growth on a year-on-year basis, across petroleum products. 

It pegged volume growth for high speed diesel (HSD) at 14-15 per cent and for petrol at 17 per cent YoY. This growth is in contradiction to