New Delhi — Indian Oil Corporation Limited, India’s largest state-run energy company, has reached a record market capitalization of approximately ₹2.04 lakh crore (about $245 billion), underscoring its dominant position in the country’s rapidly evolving energy sector.
Under the leadership of Chairman and Managing Director A. S. Sahney, the Maharatna public sector enterprise is delivering strong financial performance while accelerating its transition toward cleaner energy solutions aligned with India’s long-term sustainability goals.
Strong Financial Performance
IndianOil reported a standalone net profit of ₹12,126 crore ($1.46 billion) for the third quarter of FY 2025–26, marking a sharp 322% increase year-over-year. For the first nine months of the fiscal year, profits climbed to approximately ₹25,425 crore, reflecting robust demand and improved operational efficiency.
The company also declared a second interim dividend of ₹2 per share, reinforcing investor confidence amid continued earnings momentum.
Massive Scale Across India
Founded in 1964, IndianOil has grown into a backbone of India’s energy infrastructure, with operations spanning the entire country—from the Himalayas to the southern tip at Kanyakumari.
Key operational highlights include:
- Refining capacity: 80.75 million metric tons per annum across 10 refineries
- Pipeline network: Over 20,000 kilometers transporting more than 100 million metric tons annually
- Retail footprint: 40,000+ fuel stations and over 63,000 customer touchpoints
- Market share: 41.5% in fuel retail and 54.5% in aviation fuel
On a daily basis, IndianOil serves over 32 million customers, refills millions of cooking gas cylinders, and fuels more than 2,800 flights across 130 airports.
Expanding Into Clean Energy
While maintaining its leadership in traditional fuels, IndianOil is aggressively investing in future-ready energy technologies:
- 14,000+ EV charging stations, accounting for nearly 58% of India’s total network
- Green hydrogen plant under development at Panipat, expected to be the country’s largest
- Sustainable Aviation Fuel (SAF) facility using used cooking oil
- Compressed biogas (CBG) expansion through 40+ plants
- Renewable energy ambitions targeting 18 gigawatts capacity
The company has also set a net-zero emissions target for its operations by 2046, backed by a planned investment of ₹2.5 lakh crore.
Innovation and R&D Leadership
IndianOil’s research center in Faridabad plays a key role in advancing energy innovation, with over 1,600 patents and significant annual investment in areas such as carbon capture, biofuels, and hydrogen energy.
Social Impact and National Role
Beyond business, IndianOil continues to invest heavily in community development. In FY 2024–25, the company allocated over ₹460 crore toward corporate social responsibility initiatives, benefiting more than 13 million people across India.
It also plays a critical role in national logistics, including fuel supply for defense operations and emergency response during crises.
Driving India’s Energy Future
With record-breaking profits, expanding infrastructure, and a strong push into clean energy, IndianOil is positioning itself as a central player in India’s vision of becoming a self-reliant and sustainable economy.
CMD A. S. Sahney’s leadership reflects a “nation-first” philosophy, balancing economic growth with environmental responsibility.
As India advances toward its long-term development goals, IndianOil remains not just an energy supplier—but a strategic pillar powering the nation’s future.