Indian Oil is the highest ranked Indian company in the latest Fortune Global 500 listings, ranked at the 96th position. Indian Oil’s vision is driven by a group of dynamic leaders who have made it a name to reckon with.
In this section, read about Indian Oil’s business and its spread across the country & abroad. You can also know about Indian Oil’s current financial performance, special initiatives and recognition & awards that have come its way.
Indian Oil Corporation (IndianOil) is India’s largest commercial enterprise, with a sales turnover of Rs. 3,99,601 crore (US$ 61 billion) and profits of Rs. 10,399 crore (US$ 1,589 million) for the year 2015-16. IndianOil is ranked 161st among the world’s largest corporates (and first among Indian enterprises) in the prestigious Fortune Global 500 listing for the year 2016.
As India’s flagship national oil company, with a 33,000-strong work-force currently, IndianOil has been meeting Indias energy demands for over half a century. With a corporate vision to be ‘The Energy of India’ and to become ‘A globally admired company,’ IndianOil’s business interests straddle the entire hydrocarbon value-chain from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals, besides forays into alternative energy and globalisation of downstream operations.
Having set up subsidiaries in Sri Lanka, Mauritius and the UAE, the Corporation is simultaneously scouting for new business opportunities in the energy markets of Asia and Africa. It has also formed about 20 joint ventures with reputed business partners from India and abroad to pursue diverse business interests.
- Address World Trade Centre, 2nd Floor, Babar Road, Barakhamba Lane, Connaught Place, Delhi - 110001
- Phone +(91)-11-23414266 , 18002333555
- Category Petrol Pumps
- Location Delhi
- By admin
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