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Petrol Pumps: How much money does a petrol pump owner make in India?

Read : HOW PETROL AND DIESEL COST US IN INDIA?

Whenever I visit petrol pump to fill 1 or 2 litres petrol, one curious question suddenly spark in mind,”How much money does a petrol pump owner make in India?”.Today I have got its answer from Quora.com.I am not clear whether it is correct or not but we may take it as a granted as answer is given by one of the petrol dealers as follow,

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Parag Sharma, HPCL Retail Outlet Dealer  –  Parag is a Most Viewed Writer in Oil and Fuel Prices.

 

A petrol pump dealer’s profit totally depends upon a number of litres sold in a month. In case of diesel, the commission is around 1.19rs per litre (varies for every dealer) whereas for petrol the commission comes up at around 2rs per litre(varies). So for example, if a petrol pump dealer has a sale of 1.5 lakh litres of diesel and 0.5 lakh litres of petrol per month, his GROSS profit would be approx 2.79 lakh rupees. Now calculate margin in the business, dealers commission/cost of fuel=??!!!
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*Taken from : https://www.quora.com/Petrol-Pumps/How-much-money-does-a-petrol-pump-owner-make-in-India
So, as per Parag Sharma, it’s a lucrative business and I have read the news that soon anyone can open petrol pump in India.If it’s a such a great opportunity, I would like to share the following article hope it may be useful to someone, somewhere!

Here, I am putting answer of one of the most probable threat also.Please, go through it also to understand the case thoroughly.

Why do people say that opening a petrol pump is not profitable, but people still keep opening new ones?

Jessica Henry, 25 years experience as business philosopher, trend setter, philanthropist

***Source: https://www.quora.com/Why-do-people-say-that-opening-a-petrol-pump-is-not-profitable-but-people-still-keep-opening-new-ones
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