Corporation petrol pumps record Rs 17-crore profit
The Chandigarh Industrial and Tourism Development Corporation (CITCO) petrol pumps have recorded a profit of Rs 17.47 crore during the 2024–25 financial year, with total sales of Rs 683.86 crore.
CITCO’s profit increased from Rs 11.76 crore in 2022-23 to Rs 15.27 crore in 2023-24, showing a growth of Rs 3.50 crore. One of the milestones was the introduction of a CNG facility at the Dhanas petrol pump in July 2024, offering an eco-friendly fuel alternative to meet the growing demand for cleaner energy.
The modernisation of petrol pump in Sector 56 has further improved customer service, operational efficiency and overall user experience. Further, CITCO in association with IOCL has entered into understanding with Chandigarh Transport Undertaking to supply diesel directly into CTU depots which will further boost the sales and profits of CITCO in coming days.
Efforts are being made to install EV charging stations at CITCO petrol pumps.
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