Business Services Industry

Research and Markets: Indian Oil Corporation Limited SWOT Analysis Provides All the Crucial Company Information You Will Need

Business Wire, May 21, 2008

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c92472) has announced the addition of "Indian Oil Corporation Limited - SWOT Analysis" to their offering.

Our Indian Oil Corporation Limited Company Profile is the essential source for top-level company data and information. The report examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.

Indian Oil Corporation Limited (IOC) is India's largest down stream oil company. The IndianOil Group of companies owns and operates 10 of Indias 19 refineries with a combined refining capacity of 60.2 million tonnes per annum (1.2 million barrels per day). These include two refineries of subsidiary Chennai Petroleum Corporation Ltd. (CPCL) and one of Bongaigaon Refinery and Petrochemicals Limited (BRPL). The company primarily operates in India with a presence in some Asian and African countries. It is headquartered in New Delhi, India and employs about 31,700 people.

The company recorded revenues of INR2,003.2 billion (approximately $46.1 billion) during the fiscal year ended March 2007, an increase of 22.3% over 2006. The operating profit of the company was INR116.1 billion (approximately $2.7 billion) during fiscal year 2007, an increase of 59.3% over 2006. The net profit was INR79.3 billion (approximately $1.8 billion) in fiscal year 2007, an increase of 60.2% over 2006.