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18th July 2017, 03:34 PM
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Join Date: Mar 2013
Re: Mission of Indian Oil Corporation Limited

The Indian Oil Corporation Limited (IOCL) is an Indian petrochemical company.

It is the largest commercial enterprise in the country, with a net profit of ₹103.99 billion (US$1.6 billion) for the financial year 201-6.

It is the leading Indian Corporate in Fortune's prestigious ‘Global 500’ listing of world's largest corporate at 161st position for the year 2016, and has a 33,000 strong workforce.

It has also formed about 20 joint ventures.

Refinery Locations

Digboi Refinery
Bongaigaon Refinery
Haldia Refinery
Panipat Refinery
Paradip Refinery
Guwahati Refinery
Mathura Refinery
Barauni Refinery
Gujarat Refinery

Foreign Subsidiaries
IndianOil Mauritius
Lanka IOC PLC
IOC Middle East FZE

Listing and Shareholding

Shareholders Shareholding
Promoter Group (Government of India) 58.57%
private single body 40.13%
Insurance Companies 01.50%
Individual shareholders 0.83%
Trusts 0.42%
Foreign Institutional Investors (FII) 0.13%
Others 0.07%
Total 100.0%

Mission and Vision of IOCL:
IndianOil’s ‘Vision with Values’ encompasses the Corporation’s new aspirations – to broaden its horizons, to expand across new vistas, and to infuse new-age dynamism among its employees.

More importantly, the Vision is infused with the core values of Care, Innovation, Passion and Trust, which embody the collective conscience of the company and its people, and have helped it to grow and achieve new heights of success year after year.

Adopted in the companys Golden Jubilee year (2009), as a shared vision of IndianOilPeople and other stakeholders, it is a matrix of six cornerstones that would together facilitate the Corporations endeavours to be The Energy of India’ and to become A globally admired company.

Vision of IOCL:



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