This hike comes after OMCs reduced commercial LPG cylinder prices by ₹7 in February. The latest increase is expected to offset some of the benefits received by hotels, restaurants, and other commercial entities.
In March 2023, commercial LPG cylinder prices sharply increased by ₹352. Meanwhile, domestic LPG cylinder prices have remained unchanged for several months.
The revised prices apply to 19-kg commercial LPG cylinders, primarily used in hotels, restaurants, and businesses. However, LPG prices vary across cities due to differences in local taxes and transportation costs. Consumers are advised to check with local gas suppliers for exact rates in their respective locations.
As of February 1, 2025, the price of a 19-kg Indane gas cylinder stood at ₹1,797 in Delhi, ₹1,907 in Kolkata, ₹1,749.50 in Mumbai, and ₹1,959.50 in Chennai, according to the Indane website.
According to the latest LPG price revision by oil marketing companies (OMCs) for March, domestic LPG cylinder prices remain unchanged. The rates for 14.2-kg domestic LPG cylinders have stayed the same since August 2024.
The price increase is expected to raise operational costs for restaurants, hotels, and other commercial establishments. However, since this hike follows a ₹7 price reduction just a month ago, commercial businesses are unlikely to transfer the additional cost to consumers immediately.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.