Indian Oil Corporation Limited (IOCL) is India’s Largest Commercial Enterprise, with a net profit of Rs 103.99 billion for the financial year 2015-16.

Yes Indian Oil Corporation Limited (IOCL) come under public sector undertaking (PSU)


Indian Oil Corporation Limited (IOCL has various refineries across India.
Digboi Refinery
Guwahati Refinery
Bongaigaon Refinery
Barauni Refinery
Gujarat Refinery
Haldia Refinery
Mathura Refinery
Panipat Refinery is being expanded.
Paradip Refinery - The 15 million tonnes per annum refinery in Paradip in Coastal Odisha has been inaugurated by PM Narendra Modi on 7 February 2016

Company profile:

Type Public

Traded as BSE: 530965

NSE: IOC

Industry Oil and Gas

Founded 1959

Headquarters New Delhi, India

Key people Mr. B. ASHOK (Chairman)

Products Fuels, lubricants, petrochemicals

Revenue 445,526 crore (US$66 billion) (2015)

Operating income 10,550 crore (US$1.6 billion) (2015)

Net income 4,871 crore (US$720 million) (2015)

Total assets 128,059 crore (US$19 billion) (2015)

Owner Government of India (58.57%)