Indian Oil Corporation Ltd operates in the Crude petroleum and natural gas sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Indian Oil Corporation Ltd with three other
crude oil and natural gas companies in Asia:
Japan Petroleum Exploration Company Limited
of JAPAN
(2020
sales of 318.82 billion Japanese Yen [US$3.02 billion]
of which 84%
was Japan),
Mitsui & Co Limited
of JAPAN
(6.89 trillion Japanese Yen [US$65.20 billion]
of which 29%
was Consumer Industries), and
Oil & Natural Gas Corporation Limited
(3.97 trillion Indian Rupees [US$53.85 billion]
of which 88%
was Refining & Marketing).
Sales Analysis.
Indian Oil Corporation Ltd reported sales of 4.84 trillion Indian Rupees (US$65.73 billion)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 8.3%
versus 2019, when the company's sales were 5.28 trillion Indian Rupees .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Indian Oil Corporation Ltd had sales
of 4.50 trillion Indian Rupees .
Contributing to the drop in overall sales was the 25.6% decline
in Petrochemicals, from 211.47 billion Indian Rupees to 157.27 billion Indian Rupees .
There were also decreases in sales in
Petroleum Products (down 5.1% to 5.55 trillion Indian Rupees )
.