
Indian Oil Corporation Ltd
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IOC
Past performance
About Indian Oil Corporation Ltd Indian Oil Corporation (IOC), founded in 1959, is a leading Maharatna national oil company in India, operating across the entire hydrocarbon value chain, including refining, pipeline transportation, and marketing of petroleum products. The company's diverse brand portfolio features Indane LPG, SERVO lubricants, and XTRAPREMIUM petrol. It has a significant presence in both domestic and international exploration and production, with assets spanning Libya, Iran, Gabon, and other countries. The company has ventured into alternative energy and expanded its global footprint with subsidiaries and joint ventures in the Middle East and other regions.
IOC has consistently expanded its operations and infrastructure, operating over 36,000 retail outlets and numerous CNG and CBG stations. It has made strategic investments in refining capacity, alternative energy, and petrochemical projects. The company has also focused on corporate social responsibility initiatives, including rural health schemes and LPG distribution. Notable achievements include launching India's first electric charging station, producing premium gasoline, and setting up international retail outlets. IOCL is recognized for its strong financial performance and commitment to innovations, such as bioethanol production and sustainable energy solutions.
Performance overview
