Hi
#fuel #indianoil #refueling #fuelingup #fuelingupcar #delhi #summerhotness #loveyou3000

Indian Oil Corporation Limited (IOCL), commonly known as\xa0IndianOil\xa0is an Indian state government owned\xa0oil\xa0and\xa0gas\xa0company headquartered in\xa0New Delhi.[4]\xa0It is the largest commercial oil company in the country, with a net profit of INR 19,106 crore (USD 2,848 million) for the financial year 2016–17.[5]\xa0It is ranked 1st in Fortune India 500 list for year 2016[6]\xa0and 137th in Fortune's ‘Global 500’ list of world's largest companies in the year 2018.[7]\xa0As of 31 March 2017 IndianOil's employee strength is 33,135, out of which 16,545 are in the officer cadre.[8]\xa0It is India's largest\xa0downstream\xa0oil company, with a work force of more than 33,000 employees, a turnover of Rs. 506,428 crore and a net profit of Rs. 21,346 crore in 2017-18.[9]

Indian Oil Corporation Limited

Type

State owned companyTraded\xa0asBSE:\xa0530965
NSE:\xa0IOCIndustryOil and gasPredecessorIndian Refineries Ltd. (1958)
Indian Oil Company (1959)Founded30 June 1959; 60 years agoHeadquartersNew Delhi, India

Area served

India,\xa0Sri Lanka,\xa0Middle East,\xa0Mauritius

Key people

Sanjiv Singh (Chairman)[1]ProductsPetroleum,\xa0natural gas, and other\xa0petrochemicalsRevenue₹6.19 trillion(US$90\xa0billion) (2019)[2]

Operating income

₹259 billion(US$3.7\xa0billion) (2019)[2]

Net income

₹172 billion(US$2.5\xa0billion) (2019)[2]Total assets₹3.35 trillion(US$48\xa0billion) (2019)[2]OwnerIndian Government(52.18%)[3]

Number of employees

34,999 (2018)[2]SubsidiariesIndianOil (Mauritius) Ltd.
CPCL
Lanka IOC PLC
IOC Middle East FZE
Indane (LPG)
Websitewww.iocl.com

IndianOil's business interests overlap the entire\xa0hydrocarbon\xa0value-chain, including\xa0refining, pipeline transportation, marketing of petroleum products, exploration and production of\xa0crude oil,\xa0natural gas\xa0and\xa0petrochemicals.[10]

IndianOil has ventured into\xa0alternative energyand globalization of downstream operations. It has subsidiaries in Sri Lanka (Lanka IOC),[11]Mauritius (IndianOil (Mauritius) Ltd)[12]\xa0and the\xa0Middle East\xa0(IOC Middle East FZE).[13]

In May 2018, IOC become India's most profitable state-owned company for the second consecutive year, with a record profit of ₹21,346 crore in 2017-18, followed by\xa0Oil and Natural Gas Corporation, whose profit stood at ₹19,945 crore.[14]