At Indian Oil’s 64th Annual General Meeting, S M Vaidya, Chairman, IOCL stated that Indian Oil committed to increasing the company’s share in India’s energy pie from the current 9% to 12.5% by 2050.
IOCL is well-aligned to ensure equitable energy access, promote sustainable transition, and become a 360-degree energy company, said Vaidya..IndianOil registered its highest-ever Revenue from Operations, at Rs. 9,34,953 Crore, and a net profit of Rs. 8,232 Crore, underscoring the spirit of winning against the odds.