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Forbes Global 2000 Indian Companies - Indian Oil Corporation Ltd. (IOC)
Indian Oil Corporation Ltd. (IOC) owns and operates 10 of India's 20 refineries, is the India’s largest company by sales. The Company's operations include refineries, pipelines and marketing. Its portfolio of brands includes LPGs, SERVO lubricants, XTRAPREMIUM petrol and XTRAMILE diesel. Indian Oil Corporation is the India's fourth biggest public company by market capitalisation. According to Forbes list of the world's biggest public companies, IOC is at the 243 in global 2000 list. According to Forbes IOC total assets is $36.85 billion, whereas market value is $16.38 billion as of March 2011. Indian Oil Corporation has eight refineries that produced 50.696 million tons of crude during fiscal 2010. Indian Oil Corporation one of the five Maharatna status companies of India, operates the largest and the widest network of fuel stations in the country.