Indian Oil Corp Ltd - Company Profile
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Indian Oil Corp Ltd (IOCL) is an integrated oil and gas company. The company's primary activities include refining, pipeline transportation, and marketing of petroleum products, along with exploration and production of crude oil and gas. IOCL’s refined petroleum products include high speed diesel, jet fuel, light petroleum gas, gasoline, bitumen, heavy fuel oil, naphtha, lubricants and grease. It also manufactures and markets petrochemicals and has considerable operations in alternative energy. The company serves a diverse customer base, including households, industries, and aviation sector, through an expansive network of customer touchpoints and fuel stations across the country. The company has operations in Sri Lanka, Mauritius, the UAE, Sweden, USA and the Netherlands. It is a Maharatna company of Government of India. IOCL is headquartered in New Delhi, India.
Indian Oil Corp Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Motorists: | Motorists: | AutoGas |
| XP95 | Loyalty Program | Indane |
| XtraGreen | Fleet Cards | Servo |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In May, the company acquired 5 million barrels of crude oil from West Africa and Middle East. |
| 2026 | Oil/Gas Discovery | In April, the company announced a fresh hydrocarbon discovery in an overseas exploration block in Libya. |
| 2026 | Contracts/Agreements | In March, the company signed a Strategic Partnership with BMW Industries to supply Piped Natural Gas. |
Competitor Comparison
| Key Parameters | Indian Oil Corp Ltd | Reliance Industries Ltd | Bharat Petroleum Corp Ltd | Hindustan Petroleum Corp Ltd | Nayara Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | New Delhi | Mumbai | Mumbai | Mumbai | Mumbai |
| State/Province | Delhi | Maharashtra | Maharashtra | Maharashtra | Maharashtra |
| No. of Employees | 29,941 | 290,293 | 8,747 | 8,049 | 3,500 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Arvinder Singh Sahney | Chairman | Executive Board | 2024 | 55 |
| Anuj Jain | Director - Finance | Executive Board | - | 54 |
| Alok Sharma | Director - Research and Development | Executive Board | - | 59 |
| Rashmi Govil | Director - Human Resources | Executive Board | - | 53 |
| Arvind Kumar | Director - Refineries | Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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