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IndianOil among India's 'Top 10' in Business India's Super 100 Listing
IndianOil has been ranked as the topmost petroleum downstream company, occupying first position on the basis of net sales, in the 19th annual list of 'Super 100' companies released by the business magazine, Business India (December 28, 2008 edition).
This year, IndianOil has won the third position in its super ranking, an impressive leap from to the sixth ranking of the year 2007. IndianOil achieved this feat despite being hit by higher crude prices, and the Government regulating the prices of petrol, diesel, LPG and kerosene.
The Business India Super 100 ranks top Indian corporates through a rigorous analysis based on broad four parameters – net sales, profit after tax, net fixed assets and market capitalisation. These Super 100 companies are widely accepted as India's top companies.
In other categories, IndianOil occupies the fourth position in terms of EBIDTA, maintaining its rank of last year. While, on the basis of net fixed assets, IndianOil is placed fifth and secured the fourth position in profit after tax category.
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| Updated on December 19, 2008 |
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