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Indian Oil Corporation Limited

A flagship oil company in India, Indian Oil Corporation Limited was formed in1964 as a result of merger between Indian Oil Company Ltd. and Indian Refineries Ltd. It is the largest company in India in terms of sales. The following are the salient features of the IOC Ltd:

It is the 21st largest petroleum company in the world.
Indian Oil is the highest ranked Indian company in the Fortune 'Global 500' list of companies.
For the year 2005-06, the IndianOil group sold 54.6 million tonnes of petroleum products, including 2.09 million tonnes through exports.
The Indian Oil Group of companies owns and operates 10 of India's 18 refineries.

IOCL owns and operates the widest and the largest network of petrol & diesel stations in the country (more than 15000).
It has a network of 4,856 Indane distributors for the distribution of Indane Gas to its domestic customers.
IOCL also has a wholly owned subsidiary, IndianOil Technologies Ltd.
It is also a leading distributor of natural gas in India.

Human resource base of IOCL includes:
Committed employee base of professionally qualified people.
It encourages open communication and entrepreneurial culture in the organization.
IOCL offers various welfare facilities to its employees.
IndianOil also has an apex-learning institute - IndianOil Institute of Petroleum Management (IIPM) at Gurgaon, taking care of the development requirements of its employees.

FINANCIAL RESULTS FOR 'Q' ENDED 31 DEC, 06 (crores of rupees)

Gross turnover	56933.03
PBT (Profit Before Tax)	1511.72
Net profit	1059.01

CORPORATE OFFICE:
Indian Oil Corporation Ltd,
Corporate Office,
3079/3,
J B Tito Marg,
Sadiq Nagar,
New Delhi - 110049

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Indian Oil Corporation Limited