17-April-2026
Subscribe   |   Unsubscribe   |   Forward to a Friend   |     
Corporate News
 
Oilmax Energy targets Rs 3,000 cr revenue by 2028-19
17-Apr-2026

Oilmax Energy, which is undergoing a merger with its subsidiary Asian Energy, has set a revenue target of Rs 3,000 crore by 2028-29, as it expands across oil, gas and coal businesses while also exploring emerging segments like coal gasification. The Mumbai-based company has laid out a roadmap across its three core verticals-resource ownership, services and West Asia operations. Each segment is expected to contribute roughly Rs 1,000 crore to revenue, taking the total topline to Rs 3,000 crore, with a projected profit of Rs 500 crore, it said.

News Source:- https://economictimes.indiatimes.com/industry/energy/oil-gas/oilmax-energy-targets-3000-cr-revenue-by-2028-19/articleshow/130317453.cms?_gl=1*f32dh3*_gcl_au*MTcxMzc4MDU3MC4xNzc1NzEwODQ4*_ga*OTM3NjQ3MTE0LjE3NzU3MTA4MzI.*_ga_WZ3Z4GGVRC*czE3NzYzODk5MDckbzMkZ